Fidelity Enhanced International ETF (NYSEARCA:FENI) Reaches New 52-Week High – What’s Next?

Fidelity Enhanced International ETF (NYSEARCA:FENI)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $41.16 and last traded at $41.12, with a volume of 182102 shares trading hands. The stock had previously closed at $40.79.

Fidelity Enhanced International ETF Stock Performance

The stock has a market cap of $11.11 billion, a PE ratio of 14.82 and a beta of 0.55. The stock has a fifty day moving average price of $40.09 and a 200 day moving average price of $39.30.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Your Advocates Ltd. LLP purchased a new stake in shares of Fidelity Enhanced International ETF in the first quarter valued at $31,000. GHP Investment Advisors Inc. purchased a new position in shares of Fidelity Enhanced International ETF during the 1st quarter worth about $33,000. Decker Retirement Planning Inc. bought a new position in Fidelity Enhanced International ETF during the 1st quarter valued at about $39,000. Archer Investment Corp raised its position in Fidelity Enhanced International ETF by 244.5% in the 1st quarter. Archer Investment Corp now owns 1,106 shares of the company’s stock worth $41,000 after purchasing an additional 785 shares during the period. Finally, Meramec Financial Planners LLC purchased a new stake in Fidelity Enhanced International ETF in the 1st quarter worth about $52,000.

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.