UBS Group AG Acquires 662,121 Shares of Fidelity Enhanced International ETF $FENI

UBS Group AG increased its holdings in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) by 425.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 817,831 shares of the company’s stock after buying an additional 662,121 shares during the quarter. UBS Group AG’s holdings in Fidelity Enhanced International ETF were worth $29,916,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of Fidelity Enhanced International ETF by 74.7% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 7,950,844 shares of the company’s stock valued at $280,506,000 after buying an additional 3,400,521 shares during the period. Fragasso Financial Advisors Inc raised its stake in shares of Fidelity Enhanced International ETF by 1.9% in the fourth quarter. Fragasso Financial Advisors Inc now owns 2,467,211 shares of the company’s stock valued at $90,251,000 after buying an additional 44,916 shares during the period. Raymond James Financial Inc. raised its stake in shares of Fidelity Enhanced International ETF by 178.7% in the third quarter. Raymond James Financial Inc. now owns 2,254,191 shares of the company’s stock valued at $79,528,000 after buying an additional 1,445,409 shares during the period. Cornerstone Planning Group LLC raised its stake in shares of Fidelity Enhanced International ETF by 3.0% in the third quarter. Cornerstone Planning Group LLC now owns 1,617,433 shares of the company’s stock valued at $57,629,000 after buying an additional 47,473 shares during the period. Finally, Orrstown Financial Services Inc. raised its stake in shares of Fidelity Enhanced International ETF by 3.9% in the fourth quarter. Orrstown Financial Services Inc. now owns 1,459,872 shares of the company’s stock valued at $53,402,000 after buying an additional 54,529 shares during the period.

Fidelity Enhanced International ETF Price Performance

Shares of FENI opened at $39.93 on Friday. The firm has a market cap of $9.26 billion, a PE ratio of 14.82 and a beta of 0.56. The stock’s fifty day moving average price is $38.48 and its two-hundred day moving average price is $37.60. Fidelity Enhanced International ETF has a 1 year low of $31.15 and a 1 year high of $40.90.

Fidelity Enhanced International ETF Company 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.