Financial Strategies Group Inc. Purchases New Stake in Fidelity Enhanced International ETF $FENI

Financial Strategies Group Inc. acquired a new position in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,120,893 shares of the company’s stock, valued at approximately $39,960,000. Fidelity Enhanced International ETF makes up 7.6% of Financial Strategies Group Inc.’s holdings, making the stock its 3rd biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FENI. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Fidelity Enhanced International ETF in the 3rd quarter worth $38,000. Armor Investment Advisors LLC purchased a new stake in shares of Fidelity Enhanced International ETF in the second quarter valued at about $60,000. Farther Finance Advisors LLC increased its position in Fidelity Enhanced International ETF by 52.0% during the second quarter. Farther Finance Advisors LLC now owns 1,997 shares of the company’s stock worth $66,000 after purchasing an additional 683 shares during the last quarter. AE Wealth Management LLC increased its position in Fidelity Enhanced International ETF by 53.8% during the third quarter. AE Wealth Management LLC now owns 2,231 shares of the company’s stock worth $79,000 after purchasing an additional 780 shares during the last quarter. Finally, Flagship Wealth Advisors LLC purchased a new position in Fidelity Enhanced International ETF during the third quarter worth about $94,000.

Fidelity Enhanced International ETF Price Performance

NYSEARCA:FENI opened at $38.80 on Friday. The company’s 50-day moving average is $37.00 and its two-hundred day moving average is $35.53. Fidelity Enhanced International ETF has a 1-year low of $26.21 and a 1-year high of $39.29. The firm has a market capitalization of $7.06 billion, a price-to-earnings ratio of 14.82 and a beta of 0.50.

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.