Envestnet Asset Management Inc. Boosts Holdings in Fidelity Enhanced International ETF $FENI

Envestnet Asset Management Inc. increased its position in Fidelity Enhanced International ETF (NYSEARCA:FENI) by 22.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 290,245 shares of the company’s stock after buying an additional 52,538 shares during the period. Envestnet Asset Management Inc. owned about 0.22% of Fidelity Enhanced International ETF worth $10,240,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FENI. Grey Fox Wealth Advisors LLC purchased a new position in Fidelity Enhanced International ETF in the 3rd quarter valued at about $38,000. Armor Investment Advisors LLC bought a new position in Fidelity Enhanced International ETF during the 2nd quarter valued at $60,000. AE Wealth Management LLC grew its holdings 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 worth $79,000 after acquiring an additional 780 shares during the last quarter. Flagship Wealth Advisors LLC purchased a new stake in shares of Fidelity Enhanced International ETF in the 3rd quarter valued at approximately $94,000. Finally, Assetmark Inc. increased its holdings in shares of Fidelity Enhanced International ETF by 2,065.9% in the 2nd quarter. Assetmark Inc. now owns 2,924 shares of the company’s stock valued at $97,000 after purchasing an additional 2,789 shares during the period.

Fidelity Enhanced International ETF Price Performance

Fidelity Enhanced International ETF stock opened at $40.20 on Thursday. The company’s fifty day moving average price is $38.02 and its two-hundred day moving average price is $36.12. Fidelity Enhanced International ETF has a one year low of $26.21 and a one year high of $40.78. The company has a market capitalization of $7.29 billion, a price-to-earnings ratio of 14.82 and a beta of 0.50.

Fidelity Enhanced International ETF 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.