Rainier Family Wealth Inc. Purchases Shares of 95,097 Fidelity Enhanced International ETF $FENI

Rainier Family Wealth Inc. purchased a new stake in Fidelity Enhanced International ETF (NYSEARCA:FENI) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 95,097 shares of the company’s stock, valued at approximately $3,538,000. Fidelity Enhanced International ETF accounts for about 2.4% of Rainier Family Wealth Inc.’s holdings, making the stock its 13th largest position.

Other hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in Fidelity Enhanced International ETF by 74.7% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 7,950,844 shares of the company’s stock valued at $280,506,000 after acquiring an additional 3,400,521 shares during the last quarter. Osaic Holdings Inc. increased its position in Fidelity Enhanced International ETF by 151.2% during the 4th quarter. Osaic Holdings Inc. now owns 4,375,550 shares of the company’s stock valued at $160,085,000 after purchasing an additional 2,633,659 shares during the period. Wells Fargo & Company MN raised its holdings in Fidelity Enhanced International ETF by 105.0% during the 4th quarter. Wells Fargo & Company MN now owns 4,541,258 shares of the company’s stock worth $166,119,000 after purchasing an additional 2,325,511 shares during the last quarter. Jane Street Group LLC raised its holdings in Fidelity Enhanced International ETF by 579.0% during the 4th quarter. Jane Street Group LLC now owns 2,600,000 shares of the company’s stock worth $95,108,000 after purchasing an additional 2,217,067 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Fidelity Enhanced International ETF by 276.4% in the 4th quarter. Cetera Investment Advisers now owns 2,961,266 shares of the company’s stock worth $108,323,000 after purchasing an additional 2,174,512 shares during the period.

Fidelity Enhanced International ETF Stock Performance

Shares of NYSEARCA FENI opened at $40.48 on Tuesday. The company’s 50 day moving average price is $39.75 and its 200-day moving average price is $38.61. Fidelity Enhanced International ETF has a 52-week low of $31.80 and a 52-week high of $41.16. The company has a market capitalization of $9.39 billion, a P/E ratio of 14.82 and a beta of 0.55.

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.