Fidelity Enhanced International ETF (NYSEARCA:FENI) Sets New 52-Week High – Here’s What Happened

Fidelity Enhanced International ETF (NYSEARCA:FENI)’s stock price hit a new 52-week high on Monday . The stock traded as high as $42.09 and last traded at $42.06, with a volume of 108373 shares traded. The stock had previously closed at $41.95.

Fidelity Enhanced International ETF Stock Performance

The company has a market capitalization of $11.30 billion, a price-to-earnings ratio of 14.82 and a beta of 0.55. The business’s 50-day simple moving average is $40.35 and its 200-day simple moving average is $39.53.

Hedge Funds Weigh In On Fidelity Enhanced International ETF

Several large investors have recently bought and sold shares of FENI. Royal Bank of Canada raised its position in shares of Fidelity Enhanced International ETF by 353.0% during the 1st quarter. Royal Bank of Canada now owns 16,340 shares of the company’s stock valued at $486,000 after acquiring an additional 12,733 shares during the last quarter. Jane Street Group LLC boosted its position in shares of Fidelity Enhanced International ETF by 149.8% in the 1st quarter. Jane Street Group LLC now owns 348,369 shares of the company’s stock worth $10,367,000 after purchasing an additional 208,895 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Fidelity Enhanced International ETF by 2,638.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 184,490 shares of the company’s stock worth $6,136,000 after purchasing an additional 177,753 shares during the last quarter. HUB Investment Partners LLC grew its stake in shares of Fidelity Enhanced International ETF by 4.3% during the second quarter. HUB Investment Partners LLC now owns 10,061 shares of the company’s stock worth $335,000 after purchasing an additional 414 shares during the period. Finally, Betterment LLC acquired a new stake in shares of Fidelity Enhanced International ETF during the second quarter worth $694,000.

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.