Fidelity Enhanced International ETF (NYSEARCA:FENI) Sets New 12-Month High – Here’s What Happened

Fidelity Enhanced International ETF (NYSEARCA:FENI) shares reached a new 52-week high during trading on Monday . The company traded as high as $36.84 and last traded at $36.7470, with a volume of 790942 shares trading hands. The stock had previously closed at $36.77.

Fidelity Enhanced International ETF Price Performance

The company has a market capitalization of $4.95 billion, a price-to-earnings ratio of 14.82 and a beta of 0.50. The firm has a 50-day moving average price of $35.84 and a two-hundred day moving average price of $34.69.

Hedge Funds Weigh In On Fidelity Enhanced International ETF

Large investors have recently modified their holdings of the stock. IFP Advisors Inc lifted its position in Fidelity Enhanced International ETF by 15.1% during the third quarter. IFP Advisors Inc now owns 23,500 shares of the company’s stock worth $829,000 after purchasing an additional 3,082 shares during the period. Captrust Financial Advisors boosted its holdings in shares of Fidelity Enhanced International ETF by 4.2% in the 3rd quarter. Captrust Financial Advisors now owns 412,883 shares of the company’s stock valued at $14,566,000 after purchasing an additional 16,712 shares in the last quarter. Advisory Services Network LLC increased its stake in shares of Fidelity Enhanced International ETF by 4.0% in the 3rd quarter. Advisory Services Network LLC now owns 78,961 shares of the company’s stock valued at $2,786,000 after purchasing an additional 3,038 shares during the last quarter. FMA Wealth Management LLC increased its stake in shares of Fidelity Enhanced International ETF by 38.6% in the 3rd quarter. FMA Wealth Management LLC now owns 155,496 shares of the company’s stock valued at $5,486,000 after purchasing an additional 43,326 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Fidelity Enhanced International ETF by 74.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 7,950,844 shares of the company’s stock worth $280,506,000 after buying an additional 3,400,521 shares during the last quarter.

About Fidelity Enhanced International ETF

The Fidelity Enhanced International ETF (FENI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in companies of any capitalization in developed markets, excluding the US and Canada. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the MSCI EAFE Index. FENI was launched on Dec 20, 2007 and is issued by Fidelity.