Sowa Financial Group Inc. Makes New Investment in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Sowa Financial Group Inc. acquired a new stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 16,935 shares of the exchange traded fund’s stock, valued at approximately $503,000. Schwab Fundamental U.S. Small Company Index ETF makes up 0.3% of Sowa Financial Group Inc.’s portfolio, making the stock its 27th biggest holding.

A number of other institutional investors also recently modified their holdings of the stock. Capital Advisors Inc. OK increased its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 7.8% during the third quarter. Capital Advisors Inc. OK now owns 5,251 shares of the exchange traded fund’s stock valued at $313,000 after acquiring an additional 379 shares in the last quarter. Brighton Jones LLC increased its stake in Schwab Fundamental U.S. Small Company Index ETF by 6.5% during the 2nd quarter. Brighton Jones LLC now owns 6,445 shares of the exchange traded fund’s stock valued at $354,000 after purchasing an additional 393 shares in the last quarter. Howe & Rusling Inc. raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 14.2% during the third quarter. Howe & Rusling Inc. now owns 3,203 shares of the exchange traded fund’s stock worth $191,000 after buying an additional 399 shares during the last quarter. Horan Capital Advisors LLC. lifted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 0.4% in the third quarter. Horan Capital Advisors LLC. now owns 122,399 shares of the exchange traded fund’s stock valued at $7,291,000 after buying an additional 442 shares in the last quarter. Finally, Bristlecone Advisors LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF during the third quarter valued at about $27,000.

Schwab Fundamental U.S. Small Company Index ETF Price Performance

NYSEARCA:FNDA opened at $30.50 on Tuesday. Schwab Fundamental U.S. Small Company Index ETF has a one year low of $26.07 and a one year high of $32.71. The company has a market cap of $4.48 billion, a PE ratio of 14.98 and a beta of 1.18. The firm has a 50-day moving average of $30.75 and a 200-day moving average of $29.73.

About Schwab Fundamental U.S. Small Company Index ETF

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.