Independence Financial Advisors LLC Acquires 15,882 Shares of Fidelity Enhanced International ETF $FENI

Independence Financial Advisors LLC lifted its stake in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) by 4.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 344,597 shares of the company’s stock after acquiring an additional 15,882 shares during the quarter. Fidelity Enhanced International ETF makes up about 3.5% of Independence Financial Advisors LLC’s investment portfolio, making the stock its 11th biggest position. Independence Financial Advisors LLC’s holdings in Fidelity Enhanced International ETF were worth $13,753,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Fidelity Enhanced International ETF by 95.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 597,385 shares of the company’s stock valued at $23,973,000 after purchasing an additional 292,090 shares during the period. KFA Private Wealth Group LLC purchased a new stake in Fidelity Enhanced International ETF during the first quarter worth $2,373,000. Vicus Capital grew its stake in Fidelity Enhanced International ETF by 78.5% in the 1st quarter. Vicus Capital now owns 192,746 shares of the company’s stock valued at $7,170,000 after acquiring an additional 84,783 shares during the last quarter. Citadel Advisors LLC purchased a new position in shares of Fidelity Enhanced International ETF during the 2nd quarter worth approximately $1,527,000. Finally, M Holdings Securities Inc. acquired a new stake in shares of Fidelity Enhanced International ETF during the fourth quarter valued at $2,766,000.

Fidelity Enhanced International ETF Stock Down 0.3%

Shares of FENI stock traded down $0.13 during mid-day trading on Thursday, hitting $39.52. 1,419,871 shares of the company’s stock were exchanged, compared to its average volume of 1,622,661. The stock has a 50-day simple moving average of $41.00 and a two-hundred day simple moving average of $39.97. Fidelity Enhanced International ETF has a fifty-two week low of $34.36 and a fifty-two week high of $42.08. The stock has a market cap of $11.37 billion, a price-to-earnings ratio of 14.82 and a beta of 0.56.

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.