Convergence Financial LLC Invests $8.41 Million in Fidelity Enhanced International ETF $FENI

Convergence Financial LLC purchased a new stake in Fidelity Enhanced International ETF (NYSEARCA:FENI) during the third quarter, according to its most recent disclosure with the SEC. The firm purchased 238,428 shares of the company’s stock, valued at approximately $8,412,000. Fidelity Enhanced International ETF makes up approximately 1.3% of Convergence Financial LLC’s holdings, making the stock its 23rd biggest holding.

Several other large investors also recently bought and sold shares of FENI. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Fidelity Enhanced International ETF by 366.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,550,323 shares of the company’s stock valued at $151,344,000 after acquiring an additional 3,574,976 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of Fidelity Enhanced International ETF by 81.6% during the third quarter. Commonwealth Equity Services LLC now owns 4,109,577 shares of the company’s stock worth $144,986,000 after purchasing an additional 1,846,297 shares in the last quarter. Fragasso Financial Advisors Inc raised its stake in Fidelity Enhanced International ETF by 1.3% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 2,422,295 shares of the company’s stock valued at $86,742,000 after purchasing an additional 31,582 shares during the last quarter. Syntegra Private Wealth Group LLC lifted its holdings in Fidelity Enhanced International ETF by 9.4% in the 3rd quarter. Syntegra Private Wealth Group LLC now owns 2,275,130 shares of the company’s stock valued at $80,267,000 after purchasing an additional 195,847 shares in the last quarter. Finally, Cornerstone Planning Group LLC boosted its stake in Fidelity Enhanced International ETF by 3.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 1,617,433 shares of the company’s stock worth $57,629,000 after purchasing an additional 47,473 shares during the last quarter.

Fidelity Enhanced International ETF Stock Up 0.5%

Fidelity Enhanced International ETF stock opened at $40.30 on Friday. The company has a fifty day simple moving average of $38.16 and a 200-day simple moving average of $36.20. The firm has a market capitalization of $7.31 billion, a price-to-earnings ratio of 14.82 and a beta of 0.50. Fidelity Enhanced International ETF has a 52-week low of $26.21 and a 52-week high of $40.78.

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.