Fidelity Enhanced International ETF (NYSEARCA:FENI) Sees Strong Trading Volume – Time to Buy?

Fidelity Enhanced International ETF (NYSEARCA:FENI) saw an uptick in trading volume on Thursday . 704,557 shares traded hands during mid-day trading, an increase of 178% from the previous session’s volume of 253,038 shares.The stock last traded at $29.81 and had previously closed at $29.58.

Fidelity Enhanced International ETF Trading Up 1.0 %

The stock’s 50-day moving average is $28.28 and its two-hundred day moving average is $28.74. The company has a market capitalization of $1.56 billion, a PE ratio of 12.54 and a beta of 0.68.

Institutional Trading of Fidelity Enhanced International ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. CWM LLC grew its position in shares of Fidelity Enhanced International ETF by 4,726.7% during the 3rd quarter. CWM LLC now owns 14,287 shares of the company’s stock worth $433,000 after buying an additional 13,991 shares in the last quarter. Creative Planning increased its holdings in shares of Fidelity Enhanced International ETF by 25.2% in the 3rd quarter. Creative Planning now owns 10,404 shares of the company’s stock valued at $315,000 after acquiring an additional 2,095 shares during the period. Sax Wealth Advisors LLC raised its holdings in Fidelity Enhanced International ETF by 12.2% in the third quarter. Sax Wealth Advisors LLC now owns 28,322 shares of the company’s stock worth $858,000 after purchasing an additional 3,079 shares in the last quarter. OmniStar Financial Group Inc. boosted its stake in Fidelity Enhanced International ETF by 7.7% in the third quarter. OmniStar Financial Group Inc. now owns 12,088 shares of the company’s stock valued at $367,000 after acquiring an additional 860 shares in the last quarter. Finally, KMG Fiduciary Partners LLC increased its position in Fidelity Enhanced International ETF by 384.4% during the 3rd quarter. KMG Fiduciary Partners LLC now owns 134,079 shares of the company’s stock valued at $4,060,000 after buying an additional 106,400 shares in the last quarter.

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.