Jane Street Group LLC Cuts Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Jane Street Group LLC decreased its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 75.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,169 shares of the company’s stock after selling 9,888 shares during the quarter. Jane Street Group LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $227,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FNDX. LPL Financial LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 9.6% in the second quarter. LPL Financial LLC now owns 472,086 shares of the company’s stock worth $31,620,000 after acquiring an additional 41,328 shares in the last quarter. Johnson Investment Counsel Inc. grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 5.7% during the second quarter. Johnson Investment Counsel Inc. now owns 8,520 shares of the company’s stock worth $571,000 after purchasing an additional 457 shares in the last quarter. Meeder Advisory Services Inc. acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the second quarter worth $325,000. SYM FINANCIAL Corp acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the second quarter worth $65,000. Finally, Thoroughbred Financial Services LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 30.1% during the second quarter. Thoroughbred Financial Services LLC now owns 60,277 shares of the company’s stock worth $4,037,000 after purchasing an additional 13,951 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 1.3 %

Shares of FNDX stock opened at $23.48 on Friday. The firm has a fifty day moving average price of $24.32 and a 200 day moving average price of $23.60. The company has a market cap of $5.38 billion, a P/E ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $20.21 and a 12 month high of $25.17.

About Schwab Fundamental U.S. Large Company Index ETF

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) is an exchange-traded fund that is based on the Russell RAFI Large Company US index. The fund tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends\u002Fbuybacks. FNDX was launched on Aug 15, 2013 and is managed by Charles Schwab.