First Commonwealth Financial Corp PA Reduces Stake in Fidelity Enhanced International ETF (NYSEARCA:FENI)

First Commonwealth Financial Corp PA decreased its holdings in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) by 10.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 87,740 shares of the company’s stock after selling 9,706 shares during the quarter. Fidelity Enhanced International ETF comprises approximately 0.6% of First Commonwealth Financial Corp PA’s investment portfolio, making the stock its 26th largest holding. First Commonwealth Financial Corp PA’s holdings in Fidelity Enhanced International ETF were worth $2,415,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FENI. Atmos Advisory LLC acquired a new stake in Fidelity Enhanced International ETF during the fourth quarter worth approximately $30,000. Heck Capital Advisors LLC purchased a new position in shares of Fidelity Enhanced International ETF in the 4th quarter valued at $35,000. Harbour Investments Inc. grew its position in shares of Fidelity Enhanced International ETF by 55.1% in the 4th quarter. Harbour Investments Inc. now owns 2,414 shares of the company’s stock valued at $66,000 after buying an additional 858 shares during the last quarter. Wells Fargo & Company MN raised its stake in Fidelity Enhanced International ETF by 65.1% during the 4th quarter. Wells Fargo & Company MN now owns 3,623 shares of the company’s stock worth $100,000 after acquiring an additional 1,429 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. lifted its position in Fidelity Enhanced International ETF by 158.4% in the fourth quarter. MidAtlantic Capital Management Inc. now owns 4,134 shares of the company’s stock valued at $114,000 after acquiring an additional 2,534 shares during the last quarter.

Fidelity Enhanced International ETF Price Performance

NYSEARCA FENI opened at $29.17 on Thursday. The company has a fifty day moving average of $29.70 and a two-hundred day moving average of $28.94. The company has a market capitalization of $2.13 billion, a PE ratio of 14.10 and a beta of 0.68. Fidelity Enhanced International ETF has a 1 year low of $26.21 and a 1 year high of $31.21.

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.