Sax Wealth Advisors LLC Sells 23,078 Shares of Fidelity Enhanced International ETF $FENI

Sax Wealth Advisors LLC cut its stake in Fidelity Enhanced International ETF (NYSEARCA:FENI) by 14.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,878 shares of the company’s stock after selling 23,078 shares during the period. Sax Wealth Advisors LLC owned approximately 0.05% of Fidelity Enhanced International ETF worth $5,166,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada raised its stake in Fidelity Enhanced International ETF by 353.0% in the first quarter. Royal Bank of Canada now owns 16,340 shares of the company’s stock valued at $486,000 after purchasing an additional 12,733 shares in the last quarter. Jane Street Group LLC grew its stake in Fidelity Enhanced International ETF by 149.8% during the first quarter. Jane Street Group LLC now owns 348,369 shares of the company’s stock worth $10,367,000 after buying an additional 208,895 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Fidelity Enhanced International ETF by 2,638.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 184,490 shares of the company’s stock valued at $6,136,000 after buying an additional 177,753 shares during the period. HUB Investment Partners LLC increased its holdings in Fidelity Enhanced International ETF by 4.3% in the 2nd quarter. HUB Investment Partners LLC now owns 10,061 shares of the company’s stock valued at $335,000 after buying an additional 414 shares during the period. Finally, Betterment LLC acquired a new position in shares of Fidelity Enhanced International ETF in the 2nd quarter valued at approximately $694,000.

Fidelity Enhanced International ETF Trading Up 1.1%

Shares of NYSEARCA:FENI opened at $41.76 on Friday. The firm has a 50 day moving average of $40.18 and a 200-day moving average of $39.39. Fidelity Enhanced International ETF has a 12 month low of $33.60 and a 12 month high of $41.85. The stock has a market capitalization of $11.24 billion, a PE ratio of 14.82 and a beta of 0.55.

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.