Fidelity Enhanced International ETF (NYSEARCA:FENI) Sets New 1-Year High – Should You Buy?

Fidelity Enhanced International ETF (NYSEARCA:FENI) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $30.66 and last traded at $30.65, with a volume of 14191 shares changing hands. The stock had previously closed at $30.12.

Fidelity Enhanced International ETF Stock Performance

The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of 12.54 and a beta of 0.68. The firm has a fifty day moving average of $28.75 and a 200-day moving average of $28.93.

Institutional Trading of Fidelity Enhanced International ETF

Several large investors have recently added to or reduced their stakes in FENI. Pinney & Scofield Inc. acquired a new stake in shares of Fidelity Enhanced International ETF during the fourth quarter valued at about $28,000. Atmos Advisory LLC acquired a new stake in shares of Fidelity Enhanced International ETF during the fourth quarter valued at about $30,000. Heck Capital Advisors LLC acquired a new stake in shares of Fidelity Enhanced International ETF during the fourth quarter valued at about $35,000. Milestone Investment Advisors LLC acquired a new stake in shares of Fidelity Enhanced International ETF during the third quarter valued at about $39,000. Finally, Farther Finance Advisors LLC grew its stake in shares of Fidelity Enhanced International ETF by 77.1% during the third quarter. Farther Finance Advisors LLC now owns 1,305 shares of the company’s stock valued at $40,000 after acquiring an additional 568 shares in the last quarter.

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.