FinArc Investments Inc. Purchases New Shares in Fidelity Enhanced International ETF $FENI

FinArc Investments Inc. acquired a new stake in shares of Fidelity Enhanced International ETF (NYSEARCA:FENIFree Report) in the 1st quarter, Holdings Channel reports. The firm acquired 163,082 shares of the company’s stock, valued at approximately $6,067,000. Fidelity Enhanced International ETF accounts for about 5.8% of FinArc Investments Inc.’s holdings, making the stock its 2nd biggest position.

A number of other institutional investors and hedge funds have also made changes to their positions in FENI. Your Advocates Ltd. LLP bought a new stake in shares of Fidelity Enhanced International ETF in the 1st quarter worth about $31,000. GHP Investment Advisors Inc. purchased a new stake in shares of Fidelity Enhanced International ETF during the 1st quarter valued at about $33,000. Decker Retirement Planning Inc. bought a new position in shares of Fidelity Enhanced International ETF in the 1st quarter valued at about $39,000. Archer Investment Corp lifted its holdings in shares of Fidelity Enhanced International ETF by 244.5% in the 1st quarter. Archer Investment Corp now owns 1,106 shares of the company’s stock valued at $41,000 after acquiring an additional 785 shares during the last quarter. Finally, Meramec Financial Planners LLC bought a new position in shares of Fidelity Enhanced International ETF in the 1st quarter valued at about $52,000.

Fidelity Enhanced International ETF Trading Up 3.0%

FENI opened at $40.81 on Friday. The stock has a 50-day moving average of $40.06 and a 200 day moving average of $39.26. Fidelity Enhanced International ETF has a 12 month low of $32.44 and a 12 month high of $41.16. The firm has a market cap of $10.88 billion, a P/E ratio of 14.82 and a beta of 0.55.

About Fidelity Enhanced International ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity Enhanced International ETF (NYSEARCA:FENI)

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