Mascagni Wealth Management Inc. Invests $1.10 Million in Fidelity Enhanced International ETF $FENI

Mascagni Wealth Management Inc. purchased a new stake in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 29,658 shares of the company’s stock, valued at approximately $1,103,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Your Advocates Ltd. LLP acquired a new stake in Fidelity Enhanced International ETF during the first quarter worth $31,000. GHP Investment Advisors Inc. acquired a new position in shares of Fidelity Enhanced International ETF in the 1st quarter valued at $33,000. Decker Retirement Planning Inc. purchased a new position in shares of Fidelity Enhanced International ETF during the 1st quarter worth $39,000. Archer Investment Corp increased its position in shares of Fidelity Enhanced International ETF by 244.5% during the 1st quarter. Archer Investment Corp now owns 1,106 shares of the company’s stock worth $41,000 after purchasing an additional 785 shares during the last quarter. Finally, Meramec Financial Planners LLC acquired a new stake in shares of Fidelity Enhanced International ETF during the 1st quarter worth about $52,000.

Fidelity Enhanced International ETF Trading Up 3.0%

Shares of FENI opened at $40.81 on Friday. The company’s 50-day moving average price is $40.06 and its 200 day moving average price is $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.

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.