Fidelity Enhanced International ETF $FENI Stock Position Lifted by KFG Wealth Management LLC

KFG Wealth Management LLC raised its stake in Fidelity Enhanced International ETF (NYSEARCA:FENI) by 11.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 1,407,460 shares of the company’s stock after purchasing an additional 146,713 shares during the quarter. Fidelity Enhanced International ETF makes up 6.8% of KFG Wealth Management LLC’s holdings, making the stock its 3rd largest position. KFG Wealth Management LLC’s holdings in Fidelity Enhanced International ETF were worth $52,358,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FENI. Gibson Capital LLC boosted its stake in shares of Fidelity Enhanced International ETF by 4.6% during the 1st quarter. Gibson Capital LLC now owns 6,403 shares of the company’s stock valued at $238,000 after buying an additional 284 shares during the period. Allworth Financial LP increased its stake in shares of Fidelity Enhanced International ETF by 21.1% in the fourth quarter. Allworth Financial LP now owns 1,679 shares of the company’s stock worth $61,000 after acquiring an additional 292 shares during the last quarter. Sovran Advisors LLC increased its stake in shares of Fidelity Enhanced International ETF by 5.0% in the fourth quarter. Sovran Advisors LLC now owns 7,260 shares of the company’s stock worth $276,000 after acquiring an additional 347 shares during the last quarter. Clarity Asset Management Inc. raised its holdings in shares of Fidelity Enhanced International ETF by 1.6% during the fourth quarter. Clarity Asset Management Inc. now owns 22,582 shares of the company’s stock worth $826,000 after acquiring an additional 350 shares in the last quarter. Finally, HUB Investment Partners LLC raised its holdings 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 acquiring an additional 414 shares in the last quarter.

Fidelity Enhanced International ETF Trading Down 0.3%

FENI opened at $39.52 on Thursday. The stock has a market cap of $9.17 billion, a price-to-earnings ratio of 14.82 and a beta of 0.55. Fidelity Enhanced International ETF has a 1 year low of $32.42 and a 1 year high of $41.16. The stock has a fifty day moving average price of $39.75 and a 200 day moving average price of $38.66.

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.