M Holdings Securities Inc. Invests $2.77 Million in Fidelity Enhanced International ETF $FENI

M Holdings Securities Inc. bought a new position in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 75,607 shares of the company’s stock, valued at approximately $2,766,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Spire Wealth Management grew its position in shares of Fidelity Enhanced International ETF by 110.9% in the 4th quarter. Spire Wealth Management now owns 1,592 shares of the company’s stock valued at $58,000 after purchasing an additional 837 shares during the period. Allworth Financial LP grew its position in shares of Fidelity Enhanced International ETF by 21.1% in the 4th quarter. Allworth Financial LP now owns 1,679 shares of the company’s stock valued at $61,000 after purchasing an additional 292 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Fidelity Enhanced International ETF by 386.2% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,867 shares of the company’s stock valued at $66,000 after purchasing an additional 1,483 shares during the period. Fifth Third Bancorp acquired a new position in shares of Fidelity Enhanced International ETF in the 4th quarter valued at approximately $70,000. Finally, PNC Financial Services Group Inc. grew its position in shares of Fidelity Enhanced International ETF by 914.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,232 shares of the company’s stock valued at $82,000 after purchasing an additional 2,012 shares during the period.

Fidelity Enhanced International ETF Stock Performance

Shares of FENI opened at $38.88 on Thursday. The stock has a 50 day simple moving average of $39.37 and a 200 day simple moving average of $38.33. Fidelity Enhanced International ETF has a 52-week low of $31.80 and a 52-week high of $40.90. The firm has a market capitalization of $9.02 billion, a PE ratio of 14.82 and a beta of 0.55.

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.