Fidelity Enhanced International ETF $FENI Stock: Fragasso Financial Advisors Inc Boosts Holdings

Fragasso Financial Advisors Inc boosted its holdings in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) by 1.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,617,545 shares of the company’s stock after acquiring an additional 40,163 shares during the quarter. Fidelity Enhanced International ETF accounts for about 5.2% of Fragasso Financial Advisors Inc’s portfolio, making the stock its 3rd largest position. Fragasso Financial Advisors Inc’s holdings in Fidelity Enhanced International ETF were worth $103,890,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings in Fidelity Enhanced International ETF by 89.5% in the second quarter. Envestnet Asset Management Inc. now owns 8,917,073 shares of the company’s stock valued at $357,842,000 after purchasing an additional 4,212,434 shares during the period. Bank of America Corp DE lifted its holdings in Fidelity Enhanced International ETF by 586.8% during the 1st quarter. Bank of America Corp DE now owns 3,662,354 shares of the company’s stock worth $136,240,000 after buying an additional 3,129,069 shares during the period. Advocacy Wealth Management LLC acquired a new position in Fidelity Enhanced International ETF during the 2nd quarter worth about $68,972,000. Cetera Investment Advisers grew its position in shares of Fidelity Enhanced International ETF by 43.9% in the 1st quarter. Cetera Investment Advisers now owns 4,260,462 shares of the company’s stock valued at $158,489,000 after buying an additional 1,299,196 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its position in shares of Fidelity Enhanced International ETF by 32.8% in the 1st quarter. Kestra Advisory Services LLC now owns 3,987,513 shares of the company’s stock valued at $148,335,000 after buying an additional 983,896 shares during the last quarter.

Fidelity Enhanced International ETF Stock Performance

Shares of FENI stock traded up $0.06 on Tuesday, hitting $39.69. The company had a trading volume of 1,139,337 shares, compared to its average volume of 1,617,971. The firm has a market cap of $11.42 billion, a P/E ratio of 14.82 and a beta of 0.56. The stock’s 50-day moving average is $40.93 and its two-hundred day moving average is $40.04. Fidelity Enhanced International ETF has a twelve month low of $34.36 and a twelve month high of $42.08.

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.