Alpha Financial Advisors LLC Makes New Investment in Fidelity Enhanced International ETF $FENI

Alpha Financial Advisors LLC purchased a new stake in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 14,186 shares of the company’s stock, valued at approximately $519,000.

Other hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Fidelity Enhanced International ETF by 74.7% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 7,950,844 shares of the company’s stock worth $280,506,000 after purchasing an additional 3,400,521 shares during the period. Commonwealth Equity Services LLC grew its stake in shares of Fidelity Enhanced International ETF by 81.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,109,577 shares of the company’s stock worth $144,986,000 after acquiring an additional 1,846,297 shares during the period. Raymond James Financial Inc. increased its holdings in Fidelity Enhanced International ETF by 178.7% in the 3rd quarter. Raymond James Financial Inc. now owns 2,254,191 shares of the company’s stock worth $79,528,000 after acquiring an additional 1,445,409 shares during the last quarter. Ameriprise Financial Inc. purchased a new stake in Fidelity Enhanced International ETF in the 3rd quarter worth about $44,603,000. Finally, Financial Strategies Group Inc. bought a new stake in Fidelity Enhanced International ETF in the 3rd quarter valued at about $39,960,000.

Fidelity Enhanced International ETF Price Performance

NYSEARCA FENI opened at $37.63 on Friday. The company has a market cap of $8.30 billion, a PE 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 $40.90. The firm’s 50-day simple moving average is $38.69 and its two-hundred day simple moving average is $36.98.

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.