Commonwealth Equity Services LLC Makes New $300.07 Million Investment in Fidelity Enhanced International ETF $FENI

Commonwealth Equity Services LLC purchased a new position in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 7,518,765 shares of the company’s stock, valued at approximately $300,074,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake in Fidelity Enhanced International ETF by 89.5% in the second quarter. Envestnet Asset Management Inc. now owns 8,917,073 shares of the company’s stock valued at $357,842,000 after acquiring an additional 4,212,434 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Fidelity Enhanced International ETF by 43.9% during the first quarter. Cetera Investment Advisers now owns 4,260,462 shares of the company’s stock worth $158,489,000 after purchasing an additional 1,299,196 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Fidelity Enhanced International ETF by 32.8% during the first quarter. Kestra Advisory Services LLC now owns 3,987,513 shares of the company’s stock worth $148,335,000 after purchasing an additional 983,896 shares during the last quarter. Bank of America Corp DE increased its position in shares of Fidelity Enhanced International ETF by 586.8% during the first quarter. Bank of America Corp DE now owns 3,662,354 shares of the company’s stock worth $136,240,000 after purchasing an additional 3,129,069 shares in the last quarter. Finally, Fragasso Financial Advisors Inc increased its position in shares of Fidelity Enhanced International ETF by 1.6% during the third quarter. Fragasso Financial Advisors Inc now owns 2,617,545 shares of the company’s stock worth $103,890,000 after purchasing an additional 40,163 shares in the last quarter.

Fidelity Enhanced International ETF Stock Performance

Fidelity Enhanced International ETF stock opened at $39.01 on Friday. Fidelity Enhanced International ETF has a fifty-two week low of $34.36 and a fifty-two week high of $42.08. The company has a market capitalization of $11.41 billion, a P/E ratio of 16.18 and a beta of 0.57. The stock has a 50-day simple moving average of $40.22 and a 200-day simple moving average of $39.75.

About Fidelity Enhanced International ETF

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.