Fidelity Enhanced International ETF (NYSEARCA:FENI) Sets New 52-Week High – Time to Buy?

Fidelity Enhanced International ETF (NYSEARCA:FENIGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $42.09 and last traded at $42.06, with a volume of 108373 shares trading hands. The stock had previously closed at $41.95.

Fidelity Enhanced International ETF Stock Performance

The stock has a 50 day moving average price of $40.44 and a 200 day moving average price of $39.57. The company has a market capitalization of $11.13 billion, a P/E ratio of 14.82 and a beta of 0.55.

Institutional Trading of Fidelity Enhanced International ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Your Advocates Ltd. LLP bought a new position in shares of Fidelity Enhanced International ETF during the 1st quarter valued at approximately $31,000. GHP Investment Advisors Inc. bought a new stake in shares of Fidelity Enhanced International ETF in the 1st quarter worth approximately $33,000. Decker Retirement Planning Inc. purchased a new position in Fidelity Enhanced International ETF in the first quarter valued at approximately $39,000. Archer Investment Corp lifted its stake in Fidelity Enhanced International ETF by 244.5% in the first quarter. Archer Investment Corp now owns 1,106 shares of the company’s stock valued at $41,000 after purchasing an additional 785 shares during the last quarter. Finally, Meramec Financial Planners LLC bought a new position in Fidelity Enhanced International ETF during the first quarter valued at $52,000.

Fidelity Enhanced International ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Fidelity Enhanced International ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Enhanced International ETF and related companies with MarketBeat.com's FREE daily email newsletter.