Fidelity Enhanced International ETF $FENI Shares Newly Bought by Valley National Advisers Inc.

Valley National Advisers Inc. purchased a new stake in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 258,318 shares of the company’s stock, valued at approximately $10,309,000. Fidelity Enhanced International ETF accounts for approximately 1.1% of Valley National Advisers Inc.’s holdings, making the stock its 20th biggest position.

Several other hedge funds and other institutional investors also recently modified their holdings of FENI. Envestnet Asset Management Inc. lifted its holdings in Fidelity Enhanced International ETF by 89.5% in the second quarter. Envestnet Asset Management Inc. now owns 8,917,073 shares of the company’s stock worth $357,842,000 after buying an additional 4,212,434 shares during the period. Cetera Investment Advisers boosted its position in Fidelity Enhanced International ETF by 43.9% during the 1st quarter. Cetera Investment Advisers now owns 4,260,462 shares of the company’s stock valued at $158,489,000 after acquiring an additional 1,299,196 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Fidelity Enhanced International ETF by 32.8% during the 1st quarter. Kestra Advisory Services LLC now owns 3,987,513 shares of the company’s stock worth $148,335,000 after acquiring an additional 983,896 shares during the period. Bank of America Corp DE grew its holdings in shares of Fidelity Enhanced International ETF by 586.8% during the 1st quarter. Bank of America Corp DE now owns 3,662,354 shares of the company’s stock worth $136,240,000 after acquiring an additional 3,129,069 shares during the period. Finally, Syntegra Private Wealth Group LLC grew its holdings in shares of Fidelity Enhanced International ETF by 5.1% during the 1st quarter. Syntegra Private Wealth Group LLC now owns 3,637,188 shares of the company’s stock worth $135,303,000 after acquiring an additional 176,225 shares during the period.

Fidelity Enhanced International ETF Stock Performance

Shares of NYSEARCA:FENI opened at $39.29 on Friday. Fidelity Enhanced International ETF has a 52-week low of $34.36 and a 52-week high of $42.08. The firm has a market capitalization of $11.43 billion, a P/E ratio of 14.82 and a beta of 0.56. The stock has a 50 day moving average price of $40.58 and a 200-day moving average price of $40.18.

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.