Mascagni Wealth Management Inc. Buys Shares of 29,658 Fidelity Enhanced International ETF $FENI

Mascagni Wealth Management Inc. purchased a new position in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 29,658 shares of the company’s stock, valued at approximately $1,103,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Your Advocates Ltd. LLP purchased a new stake in shares of Fidelity Enhanced International ETF in the 1st quarter valued at $31,000. GHP Investment Advisors Inc. acquired a new position in Fidelity Enhanced International ETF during the 1st quarter worth about $33,000. Decker Retirement Planning Inc. purchased a new position in Fidelity Enhanced International ETF during the 1st quarter valued at about $39,000. Archer Investment Corp boosted its holdings in Fidelity Enhanced International ETF by 244.5% during 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 period. Finally, Meramec Financial Planners LLC acquired a new position in Fidelity Enhanced International ETF in the 1st quarter valued at about $52,000.

Fidelity Enhanced International ETF Price Performance

Shares of NYSEARCA:FENI opened at $40.81 on Friday. The firm has a market capitalization of $10.88 billion, a PE ratio of 14.82 and a beta of 0.55. The firm’s 50-day moving average is $40.06 and its two-hundred day moving average is $39.26. Fidelity Enhanced International ETF has a 1 year low of $32.44 and a 1 year high of $41.16.

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.