Convergence Financial LLC Takes Position in Fidelity Enhanced International ETF $FENI

Convergence Financial LLC bought a new position in Fidelity Enhanced International ETF (NYSEARCA:FENI) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 238,428 shares of the company’s stock, valued at approximately $8,412,000. Fidelity Enhanced International ETF accounts for about 1.3% of Convergence Financial LLC’s investment portfolio, making the stock its 23rd biggest holding. Convergence Financial LLC owned approximately 0.18% of Fidelity Enhanced International ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FENI. Grey Fox Wealth Advisors LLC purchased a new position in shares of Fidelity Enhanced International ETF in the third quarter worth $38,000. Armor Investment Advisors LLC bought a new position in shares of Fidelity Enhanced International ETF in the 2nd quarter valued at about $60,000. AE Wealth Management LLC lifted its stake in shares of Fidelity Enhanced International ETF by 53.8% in the 3rd quarter. AE Wealth Management LLC now owns 2,231 shares of the company’s stock valued at $79,000 after purchasing an additional 780 shares during the last quarter. Flagship Wealth Advisors LLC bought a new stake in Fidelity Enhanced International ETF in the third quarter worth $94,000. Finally, Assetmark Inc. boosted its stake in shares of Fidelity Enhanced International ETF by 2,065.9% during the 2nd quarter. Assetmark Inc. now owns 2,924 shares of the company’s stock worth $97,000 after purchasing an additional 2,789 shares during the period.

Fidelity Enhanced International ETF Stock Up 0.5%

FENI opened at $40.30 on Friday. The stock has a market cap of $7.31 billion, a P/E 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. The business has a fifty day moving average of $38.16 and a 200 day moving average of $36.20.

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.