Redhawk Wealth Advisors Inc. Raises Position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Redhawk Wealth Advisors Inc. raised its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 100.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,003 shares of the exchange traded fund’s stock after acquiring an additional 3,513 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $208,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FNDA. Park Avenue Securities LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 69.3% during the fourth quarter. Park Avenue Securities LLC now owns 6,826 shares of the exchange traded fund’s stock valued at $203,000 after purchasing an additional 2,795 shares during the period. Kathmere Capital Management LLC boosted its position in Schwab Fundamental U.S. Small Company Index ETF by 90.2% during the 4th quarter. Kathmere Capital Management LLC now owns 197,704 shares of the exchange traded fund’s stock valued at $5,872,000 after buying an additional 93,739 shares during the period. SeaCrest Wealth Management LLC grew its holdings in Schwab Fundamental U.S. Small Company Index ETF by 85.9% in the 4th quarter. SeaCrest Wealth Management LLC now owns 11,578 shares of the exchange traded fund’s stock worth $344,000 after acquiring an additional 5,349 shares during the last quarter. BCS Wealth Management purchased a new position in shares of Schwab Fundamental U.S. Small Company Index ETF in the fourth quarter valued at about $619,000. Finally, AdvisorNet Financial Inc raised its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 92.5% during the fourth quarter. AdvisorNet Financial Inc now owns 21,337 shares of the exchange traded fund’s stock valued at $634,000 after acquiring an additional 10,251 shares during the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Trading Up 0.6 %

Schwab Fundamental U.S. Small Company Index ETF stock opened at $30.50 on Friday. Schwab Fundamental U.S. Small Company Index ETF has a 1-year low of $26.07 and a 1-year high of $32.71. The firm has a market cap of $4.48 billion, a P/E ratio of 14.98 and a beta of 1.18. The firm has a 50-day moving average of $30.78 and a 200-day moving average of $29.67.

Schwab Fundamental U.S. Small Company Index ETF Profile

The Schwab Fundamental U.S. Small Company Index ETF (FNDA) is an exchange-traded fund that is based on the Russell RAFI Small Company US index. The fund tracks a fundamentally selected and weighted Russell index of small firms based on adjusted sales, retained operation cash flow, and dividends plus buybacks.