Fidelity Enhanced International ETF (NYSEARCA:FENI) Sees Large Volume Increase – What’s Next?

Shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) saw strong trading volume on Friday . 439,489 shares traded hands during mid-day trading, an increase of 150% from the previous session’s volume of 175,799 shares.The stock last traded at $30.57 and had previously closed at $30.07.

Fidelity Enhanced International ETF Trading Up 1.8 %

The stock has a 50 day simple moving average of $29.15 and a 200-day simple moving average of $28.98. The firm has a market cap of $2.12 billion, a PE ratio of 16.33 and a beta of 0.68.

Institutional Trading of Fidelity Enhanced International ETF

Several institutional investors have recently made changes to their positions in the business. Pinney & Scofield Inc. bought a new stake in Fidelity Enhanced International ETF in the 4th quarter valued at $28,000. Atmos Advisory LLC purchased a new position in shares of Fidelity Enhanced International ETF during the fourth quarter valued at about $30,000. Heck Capital Advisors LLC bought a new stake in shares of Fidelity Enhanced International ETF in the fourth quarter worth about $35,000. Farther Finance Advisors LLC lifted its position in shares of Fidelity Enhanced International ETF by 77.1% in the third quarter. Farther Finance Advisors LLC now owns 1,305 shares of the company’s stock worth $40,000 after buying an additional 568 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. bought a new position in Fidelity Enhanced International ETF during the third quarter valued at approximately $48,000.

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.