Fidelity Enhanced International ETF (NYSEARCA:FENI) Reaches New 1-Year High – What’s Next?

Fidelity Enhanced International ETF (NYSEARCA:FENI)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $41.86 and last traded at $41.78, with a volume of 144491 shares traded. The stock had previously closed at $41.60.

Fidelity Enhanced International ETF Stock Performance

The firm’s 50 day moving average price is $40.21 and its two-hundred day moving average price is $39.43. The company has a market cap of $11.22 billion, a P/E ratio of 14.82 and a beta of 0.55.

Institutional Investors Weigh In On Fidelity Enhanced International ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Your Advocates Ltd. LLP acquired a new position in shares of Fidelity Enhanced International ETF during the first quarter valued at about $31,000. GHP Investment Advisors Inc. bought a new position in Fidelity Enhanced International ETF in the first quarter worth approximately $33,000. Decker Retirement Planning Inc. acquired a new stake in Fidelity Enhanced International ETF in the first quarter valued at approximately $39,000. Archer Investment Corp grew its stake 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 acquiring an additional 785 shares during the period. Finally, Meramec Financial Planners LLC acquired a new stake in Fidelity Enhanced International ETF in the first quarter valued at approximately $52,000.

About Fidelity Enhanced International ETF

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.