Envestnet Portfolio Solutions Inc. Acquires 292,090 Shares of Fidelity Enhanced International ETF $FENI

Envestnet Portfolio Solutions Inc. raised its holdings in Fidelity Enhanced International ETF (NYSEARCA:FENI) by 95.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 597,385 shares of the company’s stock after purchasing an additional 292,090 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 0.21% of Fidelity Enhanced International ETF worth $23,973,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its holdings in shares of Fidelity Enhanced International ETF by 89.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,917,073 shares of the company’s stock worth $357,842,000 after buying an additional 4,212,434 shares in the last quarter. Bank of America Corp DE boosted its stake in Fidelity Enhanced International ETF by 586.8% in the first quarter. Bank of America Corp DE now owns 3,662,354 shares of the company’s stock valued at $136,240,000 after buying an additional 3,129,069 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Fidelity Enhanced International ETF by 22.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 9,715,353 shares of the company’s stock valued at $355,388,000 after acquiring an additional 1,764,509 shares during the last quarter. Advocacy Wealth Management LLC bought a new position in Fidelity Enhanced International ETF in the second quarter valued at about $68,972,000. Finally, Cetera Investment Advisers raised its stake in Fidelity Enhanced International ETF by 43.9% during the first quarter. Cetera Investment Advisers now owns 4,260,462 shares of the company’s stock worth $158,489,000 after acquiring an additional 1,299,196 shares in the last quarter.

Fidelity Enhanced International ETF Stock Down 1.5%

Shares of FENI stock traded down $0.63 on Wednesday, reaching $40.19. The company had a trading volume of 1,579,969 shares, compared to its average volume of 1,630,162. The business’s 50-day moving average is $40.97 and its 200 day moving average is $39.81. Fidelity Enhanced International ETF has a one year low of $34.36 and a one year high of $42.08. The stock has a market capitalization of $11.30 billion, a PE ratio of 14.82 and a beta of 0.54.

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.