Fidelity Enhanced International ETF (NYSEARCA:FENI) Hits New 52-Week High – Time to Buy?

Fidelity Enhanced International ETF (NYSEARCA:FENI)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $40.78 and last traded at $39.4290, with a volume of 107347 shares. The stock had previously closed at $39.14.

Fidelity Enhanced International ETF Stock Up 2.5%

The stock has a market capitalization of $7.18 billion, a P/E ratio of 14.82 and a beta of 0.50. The business has a fifty day moving average price of $37.36 and a 200-day moving average price of $35.73.

Institutional Trading of Fidelity Enhanced International ETF

A number of large investors have recently made changes to their positions in FENI. Bryant Woods Investment Advisors LLC increased its position in shares of Fidelity Enhanced International ETF by 17.2% during the 3rd quarter. Bryant Woods Investment Advisors LLC now owns 220,167 shares of the company’s stock valued at $7,767,000 after purchasing an additional 32,374 shares during the last quarter. CWM LLC grew its position in Fidelity Enhanced International ETF by 132.4% during the third quarter. CWM LLC now owns 37,621 shares of the company’s stock valued at $1,327,000 after buying an additional 21,434 shares during the period. Orrstown Financial Services Inc. increased its holdings in Fidelity Enhanced International ETF by 9.3% during the third quarter. Orrstown Financial Services Inc. now owns 1,405,343 shares of the company’s stock valued at $49,581,000 after buying an additional 119,130 shares during the last quarter. Barnes Pettey Financial Advisors LLC bought a new position in Fidelity Enhanced International ETF in the second quarter worth approximately $985,000. Finally, Cozad Asset Management Inc. purchased a new position in shares of Fidelity Enhanced International ETF during the 2nd quarter worth $511,000.

Fidelity Enhanced International ETF Company 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.