Independent Financial Group LLC Buys Shares of 41,700 Fidelity Enhanced International ETF $FENI

Independent Financial Group LLC purchased a new position in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) during the first quarter, Holdings Channel.com reports. The fund purchased 41,700 shares of the company’s stock, valued at approximately $1,551,000.

Several other hedge funds have also made changes to their positions in the business. Gibson Capital LLC boosted its stake 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 valued at $238,000 after purchasing an additional 284 shares during the period. Allworth Financial LP increased its stake in Fidelity Enhanced International ETF by 21.1% during the 4th quarter. Allworth Financial LP now owns 1,679 shares of the company’s stock worth $61,000 after buying an additional 292 shares during the period. Sovran Advisors LLC lifted its holdings in Fidelity Enhanced International ETF by 4.2% during the 1st quarter. Sovran Advisors LLC now owns 7,564 shares of the company’s stock worth $297,000 after buying an additional 304 shares in the last quarter. Clarity Asset Management Inc. lifted its holdings 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 buying an additional 350 shares in the last quarter. Finally, HUB Investment Partners LLC boosted its position in Fidelity Enhanced International ETF by 4.3% in the 2nd quarter. HUB Investment Partners LLC now owns 10,061 shares of the company’s stock valued at $335,000 after buying an additional 414 shares during the period.

Fidelity Enhanced International ETF Price Performance

Shares of FENI stock opened at $39.79 on Monday. The firm has a 50 day moving average of $40.01 and a two-hundred day moving average of $39.09. The stock has a market capitalization of $10.36 billion, a PE ratio of 14.82 and a beta of 0.55. Fidelity Enhanced International ETF has a 52 week low of $32.44 and a 52 week high of $41.16.

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. FENI was launched on Dec 20, 2007 and is issued by Fidelity.