Independent Financial Group LLC Buys Shares of 41,700 Fidelity Enhanced International ETF $FENI

Independent Financial Group LLC purchased a new stake in Fidelity Enhanced International ETF (NYSEARCA:FENI) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 41,700 shares of the company’s stock, valued at approximately $1,551,000.

Other hedge funds have also modified their holdings of the company. D.A. Davidson & CO. increased its position in shares of Fidelity Enhanced International ETF by 10.3% during the fourth quarter. D.A. Davidson & CO. now owns 211,465 shares of the company’s stock valued at $7,735,000 after acquiring an additional 19,799 shares during the last quarter. KFG Wealth Management LLC raised its stake in shares of Fidelity Enhanced International ETF by 8.2% in the 4th quarter. KFG Wealth Management LLC now owns 1,260,747 shares of the company’s stock valued at $46,118,000 after acquiring an additional 95,825 shares during the period. KFA Private Wealth Group LLC acquired a new position in shares of Fidelity Enhanced International ETF in the 1st quarter worth approximately $2,373,000. Savvy Advisors Inc. lifted its holdings in shares of Fidelity Enhanced International ETF by 721.3% in the 4th quarter. Savvy Advisors Inc. now owns 55,395 shares of the company’s stock worth $2,026,000 after acquiring an additional 48,650 shares during the last quarter. Finally, UBS Group AG boosted its position in shares of Fidelity Enhanced International ETF by 425.2% during the 4th quarter. UBS Group AG now owns 817,831 shares of the company’s stock worth $29,916,000 after purchasing an additional 662,121 shares during the period.

Fidelity Enhanced International ETF Stock Performance

NYSEARCA:FENI opened at $39.79 on Monday. Fidelity Enhanced International ETF has a fifty-two week low of $32.44 and a fifty-two week high of $41.16. The company has a 50 day moving average price of $40.01 and a 200 day moving average price of $39.09. The stock has a market capitalization of $10.36 billion, a P/E 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.