Summitas Investment Management LLC purchased a new stake in Fidelity Enhanced International ETF (NYSEARCA:FENI – Free Report) during the first quarter, Holdings Channel.com reports. The institutional investor purchased 152,952 shares of the company’s stock, valued at approximately $5,690,000. Fidelity Enhanced International ETF makes up about 4.5% of Summitas Investment Management LLC’s portfolio, making the stock its 6th largest holding.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its position in shares of Fidelity Enhanced International ETF by 22.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 9,715,353 shares of the company’s stock worth $355,388,000 after acquiring an additional 1,764,509 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in Fidelity Enhanced International ETF by 18.3% in the fourth 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 increased its position in 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 valued at $166,119,000 after purchasing an additional 2,325,511 shares during the period. Osaic Holdings Inc. increased its position in 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 valued at $160,085,000 after purchasing an additional 2,633,659 shares during the period. Finally, LPL Financial LLC raised its holdings in Fidelity Enhanced International ETF by 43.1% during the 4th quarter. LPL Financial LLC now owns 4,125,590 shares of the company’s stock worth $150,914,000 after purchasing an additional 1,242,471 shares during the last quarter.
Fidelity Enhanced International ETF Stock Performance
Fidelity Enhanced International ETF stock opened at $40.16 on Wednesday. The firm has a market cap of $10.51 billion, a price-to-earnings ratio of 14.82 and a beta of 0.55. Fidelity Enhanced International ETF has a 52-week low of $32.44 and a 52-week high of $41.16. The firm has a 50 day moving average price of $40.01 and a two-hundred day moving average price of $39.13.
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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