Herbst Group LLC Decreases Stake in Fidelity Enhanced International ETF $FENI

Herbst Group LLC cut its stake in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) by 17.5% during the second quarter, HoldingsChannel.com reports. The firm owned 65,098 shares of the company’s stock after selling 13,823 shares during the period. Herbst Group LLC’s holdings in Fidelity Enhanced International ETF were worth $2,612,000 at the end of the most recent reporting period.

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

Fidelity Enhanced International ETF Stock Performance

FENI stock opened at $41.76 on Monday. The firm has a 50 day moving average of $40.18 and a 200-day moving average of $39.40. The company has a market cap of $11.24 billion, a price-to-earnings ratio of 14.82 and a beta of 0.55. Fidelity Enhanced International ETF has a 12-month low of $33.60 and a 12-month high of $41.85.

Fidelity Enhanced International ETF 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.