Fidelity Enhanced International ETF (NYSEARCA:FENI) Sees Strong Trading Volume – Here’s Why

Fidelity Enhanced International ETF (NYSEARCA:FENI) shares saw strong trading volume on Friday . 475,275 shares changed hands during trading, an increase of 95% from the previous session’s volume of 243,433 shares.The stock last traded at $31.28 and had previously closed at $31.18.

Fidelity Enhanced International ETF Stock Performance

The firm’s 50-day moving average price is $29.94 and its two-hundred day moving average price is $29.05. The firm has a market cap of $2.47 billion, a PE ratio of 15.54 and a beta of 0.68.

Hedge Funds Weigh In On Fidelity Enhanced International ETF

Several large investors have recently bought and sold shares of the stock. Pinney & Scofield Inc. acquired a new stake in shares of Fidelity Enhanced International ETF in the 4th quarter valued at about $28,000. Atmos Advisory LLC purchased a new stake in Fidelity Enhanced International ETF in the fourth quarter valued at approximately $30,000. Heck Capital Advisors LLC acquired a new stake in shares of Fidelity Enhanced International ETF in the fourth quarter valued at approximately $35,000. US Bancorp DE increased its holdings in shares of Fidelity Enhanced International ETF by 1,895.5% in the 1st quarter. US Bancorp DE now owns 1,756 shares of the company’s stock valued at $52,000 after acquiring an additional 1,668 shares during the period. Finally, Asset Dedication LLC purchased a new stake in Fidelity Enhanced International ETF in the 1st quarter valued at $58,000.

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.