Orrstown Financial Services Inc. Has $61.59 Million Stock Position in Fidelity Enhanced International ETF $FENI

Orrstown Financial Services Inc. grew its holdings in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) by 1.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,534,642 shares of the company’s stock after acquiring an additional 19,039 shares during the period. Fidelity Enhanced International ETF accounts for approximately 9.1% of Orrstown Financial Services Inc.’s investment portfolio, making the stock its 4th biggest holding. Orrstown Financial Services Inc. owned approximately 0.60% of Fidelity Enhanced International ETF worth $61,585,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in FENI. Northwestern Mutual Wealth Management Co. lifted its position in shares of Fidelity Enhanced International ETF by 22.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 9,715,353 shares of the company’s stock valued at $355,388,000 after acquiring an additional 1,764,509 shares during the period. Commonwealth Equity Services LLC raised its holdings in Fidelity Enhanced International ETF by 18.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 4,862,451 shares of the company’s stock worth $177,868,000 after buying an additional 752,874 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Fidelity Enhanced International ETF by 105.0% in the 4th quarter. Wells Fargo & Company MN now owns 4,541,258 shares of the company’s stock worth $166,119,000 after acquiring an additional 2,325,511 shares during the last quarter. Osaic Holdings Inc. boosted its stake in Fidelity Enhanced International ETF by 151.2% during the 4th quarter. Osaic Holdings Inc. now owns 4,375,550 shares of the company’s stock valued at $160,085,000 after purchasing an additional 2,633,659 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in Fidelity Enhanced International ETF by 43.9% during the 1st quarter. Cetera Investment Advisers now owns 4,260,462 shares of the company’s stock valued at $158,489,000 after acquiring an additional 1,299,196 shares in the last quarter.

Fidelity Enhanced International ETF Stock Performance

Fidelity Enhanced International ETF stock opened at $41.60 on Tuesday. The stock has a market cap of $11.19 billion, a PE ratio of 14.82 and a beta of 0.55. Fidelity Enhanced International ETF has a fifty-two week low of $33.60 and a fifty-two week high of $41.85. The firm’s 50-day simple moving average is $40.21 and its 200 day simple moving average is $39.43.

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.