Fidelity Enhanced International ETF (NYSEARCA:FENI) Reaches New 52-Week High – Here’s What Happened

Fidelity Enhanced International ETF (NYSEARCA:FENI) reached a new 52-week high during trading on Tuesday . The company traded as high as $41.86 and last traded at $41.78, with a volume of 144491 shares changing hands. The stock had previously closed at $41.60.

Fidelity Enhanced International ETF Stock Performance

The company has a 50 day moving average of $40.27 and a 200-day moving average of $39.48. The stock has a market cap of $11.26 billion, a price-to-earnings ratio of 14.82 and a beta of 0.55.

Institutional Trading of Fidelity Enhanced International ETF

Several hedge funds have recently made changes to their positions in FENI. D.A. Davidson & CO. boosted its holdings in Fidelity Enhanced International ETF by 10.3% in the 4th quarter. D.A. Davidson & CO. now owns 211,465 shares of the company’s stock valued at $7,735,000 after purchasing an additional 19,799 shares during the period. UBS Group AG raised its holdings in Fidelity Enhanced International ETF by 425.2% in the 4th quarter. UBS Group AG now owns 817,831 shares of the company’s stock valued at $29,916,000 after buying an additional 662,121 shares during the last quarter. KFA Private Wealth Group LLC acquired a new stake in Fidelity Enhanced International ETF during the 1st quarter worth approximately $2,373,000. Farther Finance Advisors LLC increased its position in Fidelity Enhanced International ETF by 136.5% in the 4th quarter. Farther Finance Advisors LLC now owns 251,519 shares of the company’s stock valued at $9,201,000 after acquiring an additional 145,162 shares during the period. Finally, Merit Financial Group LLC grew its stake in shares of Fidelity Enhanced International ETF by 131.4% in the fourth quarter. Merit Financial Group LLC now owns 38,244 shares of the company’s stock worth $1,399,000 after purchasing an additional 21,716 shares during the last quarter.

Fidelity Enhanced International ETF Company Profile

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.