Penobscot Investment Management Company Inc. Takes Position in Fidelity Enhanced International ETF $FENI

Penobscot Investment Management Company Inc. purchased a new position in Fidelity Enhanced International ETF (NYSEARCA:FENI) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 42,450 shares of the company’s stock, valued at approximately $1,579,000.

A number of other large investors have also added to or reduced their stakes in the stock. GHP Investment Advisors Inc. bought a new stake in shares of Fidelity Enhanced International ETF in the 1st quarter worth approximately $33,000. Decker Retirement Planning Inc. bought a new position in Fidelity Enhanced International ETF during the first quarter valued at $39,000. Meramec Financial Planners LLC purchased a new stake in Fidelity Enhanced International ETF in the first quarter worth $52,000. Spire Wealth Management raised its stake in shares of Fidelity Enhanced International ETF by 110.9% in the fourth quarter. Spire Wealth Management now owns 1,592 shares of the company’s stock valued at $58,000 after buying an additional 837 shares during the period. Finally, Allworth Financial LP raised its stake in shares of Fidelity Enhanced International ETF by 21.1% in the fourth quarter. Allworth Financial LP now owns 1,679 shares of the company’s stock valued at $61,000 after buying an additional 292 shares during the period.

Fidelity Enhanced International ETF Stock Performance

FENI stock opened at $40.14 on Wednesday. The company has a market capitalization of $10.33 billion, a price-to-earnings ratio of 14.82 and a beta of 0.55. Fidelity Enhanced International ETF has a fifty-two week low of $32.44 and a fifty-two week high of $41.16. The stock has a fifty day moving average of $39.88 and a 200-day moving average of $38.90.

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.