Fidelity Enhanced International ETF (NYSEARCA:FENI) Hits New 1-Year High – Here’s Why

Shares of Fidelity Enhanced International ETF (NYSEARCA:FENIGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $41.16 and last traded at $41.12, with a volume of 182102 shares. The stock had previously closed at $40.79.

Fidelity Enhanced International ETF Price Performance

The company has a 50-day moving average price of $40.09 and a 200 day moving average price of $39.30. The firm has a market capitalization of $11.11 billion, a PE ratio of 14.82 and a beta of 0.55.

Institutional Trading of Fidelity Enhanced International ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Gibson Capital LLC grew its stake in shares of Fidelity Enhanced International ETF by 4.6% in the 1st quarter. Gibson Capital LLC now owns 6,403 shares of the company’s stock worth $238,000 after buying an additional 284 shares in the last quarter. Allworth Financial LP raised its position in shares of Fidelity Enhanced International ETF by 21.1% during the 4th quarter. Allworth Financial LP now owns 1,679 shares of the company’s stock valued at $61,000 after buying an additional 292 shares in the last quarter. Sovran Advisors LLC raised its position in shares of Fidelity Enhanced International ETF by 4.2% during the 1st quarter. Sovran Advisors LLC now owns 7,564 shares of the company’s stock valued at $297,000 after buying an additional 304 shares in the last quarter. Clarity Asset Management Inc. lifted its holdings in shares of Fidelity Enhanced International ETF by 1.6% in the 4th quarter. Clarity Asset Management Inc. now owns 22,582 shares of the company’s stock valued at $826,000 after acquiring an additional 350 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its holdings in shares of Fidelity Enhanced International ETF by 2.5% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 14,772 shares of the company’s stock valued at $593,000 after acquiring an additional 365 shares during the last quarter.

About Fidelity Enhanced International ETF

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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.

Further Reading

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