Fidelity Enhanced International ETF (NYSEARCA:FENI – Get Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 149,621 shares, a drop of 96.6% from the June 15th total of 4,435,065 shares. Based on an average trading volume of 1,474,544 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.
Hedge Funds Weigh In On Fidelity Enhanced International ETF
Several institutional investors have recently added to or reduced their stakes in FENI. Northwestern Mutual Wealth Management Co. boosted its stake in Fidelity Enhanced International ETF by 22.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 9,715,353 shares of the company’s stock worth $355,388,000 after buying an additional 1,764,509 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Fidelity Enhanced International ETF by 18.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 4,862,451 shares of the company’s stock valued at $177,868,000 after acquiring an additional 752,874 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Fidelity Enhanced International ETF by 105.0% during the 4th quarter. Wells Fargo & Company MN now owns 4,541,258 shares of the company’s stock worth $166,119,000 after acquiring an additional 2,325,511 shares during the period. Osaic Holdings Inc. lifted its holdings in shares of Fidelity Enhanced International ETF by 151.2% during the 4th quarter. Osaic Holdings Inc. now owns 4,375,550 shares of the company’s stock worth $160,085,000 after acquiring an additional 2,633,659 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of Fidelity Enhanced International ETF by 43.9% in the first quarter. Cetera Investment Advisers now owns 4,260,462 shares of the company’s stock worth $158,489,000 after acquiring an additional 1,299,196 shares during the last quarter.
Fidelity Enhanced International ETF Price Performance
FENI stock traded up $0.18 during midday trading on Friday, hitting $40.32. The stock had a trading volume of 1,250,221 shares, compared to its average volume of 1,771,921. The company’s 50-day moving average price is $39.96 and its 200 day moving average price is $38.95. The firm has a market cap of $10.38 billion, a PE ratio of 14.82 and a beta of 0.55. Fidelity Enhanced International ETF has a 12-month low of $32.44 and a 12-month high of $41.16.
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.
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