Fidelity Enhanced International ETF $FENI Shares Acquired by Richards Merrill & Peterson Inc.

Richards Merrill & Peterson Inc. increased its holdings in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) by 71.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,314 shares of the company’s stock after purchasing an additional 18,421 shares during the quarter. Richards Merrill & Peterson Inc.’s holdings in Fidelity Enhanced International ETF were worth $1,769,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FENI. Envestnet Asset Management Inc. boosted its stake in shares of Fidelity Enhanced International ETF by 89.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,917,073 shares of the company’s stock worth $357,842,000 after buying an additional 4,212,434 shares during the last quarter. Bank of America Corp DE increased its position in shares of Fidelity Enhanced International ETF by 586.8% in the first quarter. Bank of America Corp DE now owns 3,662,354 shares of the company’s stock valued at $136,240,000 after acquiring an additional 3,129,069 shares during the last quarter. Advocacy Wealth Management LLC bought a new stake in Fidelity Enhanced International ETF during the second quarter worth about $68,972,000. Cetera Investment Advisers raised its holdings in Fidelity Enhanced International ETF by 43.9% during 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 in the last quarter. Finally, Kestra Advisory Services LLC boosted its position in Fidelity Enhanced International ETF by 32.8% during the first quarter. Kestra Advisory Services LLC now owns 3,987,513 shares of the company’s stock valued at $148,335,000 after purchasing an additional 983,896 shares during the last quarter.

Fidelity Enhanced International ETF Price Performance

FENI stock traded down $0.18 during mid-day trading on Monday, reaching $39.52. The company had a trading volume of 523,854 shares, compared to its average volume of 1,610,245. The company has a market capitalization of $11.47 billion, a price-to-earnings ratio of 14.82 and a beta of 0.56. Fidelity Enhanced International ETF has a 52 week low of $34.36 and a 52 week high of $42.08. The stock has a 50 day simple moving average of $40.80 and a two-hundred day simple moving average of $40.13.

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.