Cornerstone Wealth Management LLC Purchases 326,370 Shares of Fidelity Enhanced International ETF $FENI

Cornerstone Wealth Management LLC lifted its position in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) by 3,605.1% in the fourth quarter, HoldingsChannel reports. The fund owned 335,423 shares of the company’s stock after buying an additional 326,370 shares during the period. Fidelity Enhanced International ETF accounts for approximately 0.6% of Cornerstone Wealth Management LLC’s investment portfolio, making the stock its 29th largest holding. Cornerstone Wealth Management LLC’s holdings in Fidelity Enhanced International ETF were worth $12,270,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Coyle Financial Counsel LLC bought a new stake in shares of Fidelity Enhanced International ETF during the third quarter worth $3,568,000. Savvy Advisors Inc. raised its position in shares of Fidelity Enhanced International ETF by 721.3% during the fourth quarter. Savvy Advisors Inc. now owns 55,395 shares of the company’s stock worth $2,026,000 after acquiring an additional 48,650 shares during the last quarter. Certified Advisory Corp raised its position in shares of Fidelity Enhanced International ETF by 14.0% during the fourth quarter. Certified Advisory Corp now owns 212,450 shares of the company’s stock worth $7,771,000 after acquiring an additional 26,152 shares during the last quarter. Cozad Asset Management Inc. raised its position in shares of Fidelity Enhanced International ETF by 360.8% during the third quarter. Cozad Asset Management Inc. now owns 70,754 shares of the company’s stock worth $2,496,000 after acquiring an additional 55,401 shares during the last quarter. Finally, D.A. Davidson & CO. raised its position in shares of Fidelity Enhanced International ETF by 10.3% during the fourth quarter. D.A. Davidson & CO. now owns 211,465 shares of the company’s stock worth $7,735,000 after acquiring an additional 19,799 shares during the last quarter.

Fidelity Enhanced International ETF Stock Down 0.4%

FENI stock opened at $39.84 on Friday. The business has a fifty day moving average of $38.45 and a 200-day moving average of $37.75. The company has a market cap of $9.24 billion, a P/E ratio of 14.82 and a beta of 0.56. Fidelity Enhanced International ETF has a twelve month low of $31.57 and a twelve month high of $40.90.

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.