Summitas Investment Management LLC Acquires New Shares in Fidelity Enhanced International ETF $FENI

Summitas Investment Management LLC bought a new stake in Fidelity Enhanced International ETF (NYSEARCA:FENI) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 152,952 shares of the company’s stock, valued at approximately $5,690,000. Fidelity Enhanced International ETF comprises 4.5% of Summitas Investment Management LLC’s portfolio, making the stock its 6th largest position. Summitas Investment Management LLC owned about 0.07% of Fidelity Enhanced International ETF at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Gibson Capital LLC lifted its holdings in shares of Fidelity Enhanced International ETF by 4.6% in the first quarter. Gibson Capital LLC now owns 6,403 shares of the company’s stock worth $238,000 after acquiring an additional 284 shares during the last quarter. Allworth Financial LP grew its holdings in shares of Fidelity Enhanced International ETF by 21.1% during the 4th quarter. Allworth Financial LP now owns 1,679 shares of the company’s stock valued at $61,000 after purchasing an additional 292 shares during the last quarter. Sovran Advisors LLC grew its holdings in shares of Fidelity Enhanced International ETF by 4.2% during the 1st quarter. Sovran Advisors LLC now owns 7,564 shares of the company’s stock valued at $297,000 after purchasing an additional 304 shares during the last quarter. Clarity Asset Management Inc. increased its position in Fidelity Enhanced International ETF by 1.6% during the 4th quarter. Clarity Asset Management Inc. now owns 22,582 shares of the company’s stock worth $826,000 after purchasing an additional 350 shares in the last quarter. Finally, Parallel Advisors LLC increased its position in Fidelity Enhanced International ETF by 17.8% during the 1st quarter. Parallel Advisors LLC now owns 2,598 shares of the company’s stock worth $97,000 after purchasing an additional 392 shares in the last quarter.

Fidelity Enhanced International ETF Price Performance

Shares of NYSEARCA:FENI opened at $40.16 on Wednesday. The company has a market cap of $10.51 billion, a price-to-earnings ratio of 14.82 and a beta of 0.55. The firm has a 50 day simple moving average of $40.01 and a 200 day simple moving average of $39.13. Fidelity Enhanced International ETF has a one year low of $32.44 and a one year high of $41.16.

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.