Northwestern Mutual Wealth Management Co. Sells 7,537,242 Shares of Fidelity Enhanced International ETF $FENI

Northwestern Mutual Wealth Management Co. trimmed its holdings in Fidelity Enhanced International ETF (NYSEARCA:FENI) by 94.8% in the 4th quarter, Holdings Channel reports. The fund owned 413,602 shares of the company’s stock after selling 7,537,242 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Fidelity Enhanced International ETF were worth $15,130,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Allworth Financial LP boosted its position in shares of Fidelity Enhanced International ETF by 21.1% in the fourth quarter. Allworth Financial LP now owns 1,679 shares of the company’s stock valued at $61,000 after acquiring an additional 292 shares during the period. Sovran Advisors LLC raised its stake in shares of Fidelity Enhanced International ETF by 5.0% in the fourth quarter. Sovran Advisors LLC now owns 7,260 shares of the company’s stock valued at $276,000 after purchasing an additional 347 shares in the last quarter. HUB Investment Partners LLC raised its stake in shares of Fidelity Enhanced International ETF by 4.3% in the second quarter. HUB Investment Partners LLC now owns 10,061 shares of the company’s stock valued at $335,000 after purchasing an additional 414 shares in the last quarter. PFG Investments LLC raised its stake in shares of Fidelity Enhanced International ETF by 5.7% in the third quarter. PFG Investments LLC now owns 11,029 shares of the company’s stock valued at $389,000 after purchasing an additional 596 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its stake in shares of Fidelity Enhanced International ETF by 4.0% in the third quarter. Sequoia Financial Advisors LLC now owns 16,694 shares of the company’s stock valued at $589,000 after purchasing an additional 644 shares in the last quarter.

Fidelity Enhanced International ETF Trading Up 1.7%

Shares of NYSEARCA FENI opened at $39.82 on Thursday. The business has a fifty day simple moving average of $38.53 and a 200 day simple moving average of $37.85. The firm has a market capitalization of $9.24 billion, a price-to-earnings ratio of 14.82 and a beta of 0.56. Fidelity Enhanced International ETF has a one year low of $31.80 and a one year high of $40.90.

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.