Envestnet Asset Management Inc. Purchases 52,538 Shares of Fidelity Enhanced International ETF $FENI

Envestnet Asset Management Inc. raised its holdings in Fidelity Enhanced International ETF (NYSEARCA:FENI) by 22.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 290,245 shares of the company’s stock after buying an additional 52,538 shares during the period. Envestnet Asset Management Inc.’s holdings in Fidelity Enhanced International ETF were worth $10,240,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in FENI. Bryant Woods Investment Advisors LLC lifted its position in shares of Fidelity Enhanced International ETF by 17.2% in the third quarter. Bryant Woods Investment Advisors LLC now owns 220,167 shares of the company’s stock valued at $7,767,000 after buying an additional 32,374 shares during the last quarter. CWM LLC raised its stake in Fidelity Enhanced International ETF by 132.4% in the 3rd quarter. CWM LLC now owns 37,621 shares of the company’s stock valued at $1,327,000 after acquiring an additional 21,434 shares during the period. Barnes Pettey Financial Advisors LLC acquired a new stake in Fidelity Enhanced International ETF during the 2nd quarter valued at $985,000. Orrstown Financial Services Inc. boosted its position in Fidelity Enhanced International ETF by 9.3% during the third quarter. Orrstown Financial Services Inc. now owns 1,405,343 shares of the company’s stock worth $49,581,000 after purchasing an additional 119,130 shares during the period. Finally, Financial Strategies Group Inc. bought a new position in Fidelity Enhanced International ETF during the third quarter worth $39,960,000.

Fidelity Enhanced International ETF Price Performance

Shares of FENI opened at $40.20 on Thursday. The firm has a market capitalization of $7.29 billion, a PE ratio of 14.82 and a beta of 0.50. The company’s 50-day moving average is $38.02 and its 200-day moving average is $36.12. Fidelity Enhanced International ETF has a fifty-two week low of $26.21 and a fifty-two week high of $40.78.

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.