Schmidt P J Investment Management Inc. Makes New Investment in Fidelity Enhanced International ETF $FENI

Schmidt P J Investment Management Inc. bought a new position in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 111,178 shares of the company’s stock, valued at approximately $4,437,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FENI. Envestnet Asset Management Inc. grew its stake in Fidelity Enhanced International ETF by 89.5% during the second 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 period. Cetera Investment Advisers raised its stake in shares of Fidelity Enhanced International ETF by 43.9% in the 1st quarter. Cetera Investment Advisers now owns 4,260,462 shares of the company’s stock valued at $158,489,000 after acquiring an additional 1,299,196 shares during the period. Kestra Advisory Services LLC raised its stake in shares of Fidelity Enhanced International ETF by 32.8% in the 1st quarter. Kestra Advisory Services LLC now owns 3,987,513 shares of the company’s stock valued at $148,335,000 after acquiring an additional 983,896 shares during the period. Bank of America Corp DE raised its stake in shares of Fidelity Enhanced International ETF by 586.8% in the 1st 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 period. Finally, Fragasso Financial Advisors Inc raised its stake in shares of Fidelity Enhanced International ETF by 1.6% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 2,617,545 shares of the company’s stock valued at $103,890,000 after acquiring an additional 40,163 shares during the period.

Fidelity Enhanced International ETF Trading Up 2.2%

Shares of Fidelity Enhanced International ETF stock opened at $40.34 on Thursday. Fidelity Enhanced International ETF has a twelve month low of $34.36 and a twelve month high of $42.08. The stock has a market cap of $11.80 billion, a price-to-earnings ratio of 16.18 and a beta of 0.57. The company has a fifty day moving average price of $40.27 and a 200 day moving average price of $39.74.

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.