Waverly Advisors LLC Invests $17.13 Million in Fidelity Enhanced International ETF $FENI

Waverly Advisors LLC purchased a new stake in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) during the second quarter, HoldingsChannel reports. The institutional investor purchased 426,806 shares of the company’s stock, valued at approximately $17,128,000.

Several other institutional investors and hedge funds also recently made changes to their positions in FENI. KFA Private Wealth Group LLC purchased a new position in shares of Fidelity Enhanced International ETF in the first quarter worth $2,373,000. Cambridge Investment Research Advisors Inc. boosted its position in shares of Fidelity Enhanced International ETF by 9.8% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 617,148 shares of the company’s stock valued at $22,575,000 after buying an additional 54,963 shares during the last quarter. Vicus Capital boosted its position in shares of Fidelity Enhanced International ETF by 78.5% during the first quarter. Vicus Capital now owns 192,746 shares of the company’s stock valued at $7,170,000 after buying an additional 84,783 shares during the last quarter. M Holdings Securities Inc. bought a new stake in Fidelity Enhanced International ETF in the 4th quarter worth about $2,766,000. Finally, Truist Financial Corp bought a new stake in Fidelity Enhanced International ETF in the 4th quarter worth about $2,418,000.

Fidelity Enhanced International ETF Stock Performance

Shares of NYSEARCA:FENI opened at $41.35 on Wednesday. The firm has a market cap of $11.13 billion, a price-to-earnings ratio of 14.82 and a beta of 0.54. The business has a 50-day simple moving average of $40.87 and a two-hundred day simple moving average of $39.77. Fidelity Enhanced International ETF has a fifty-two week low of $34.36 and a fifty-two week high of $42.08.

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.