MidAtlantic Capital Management Inc. Makes New Investment in Fidelity Enhanced International ETF (NYSEARCA:FENI)

MidAtlantic Capital Management Inc. acquired a new position in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,600 shares of the company’s stock, valued at approximately $48,000.

Several other large investors have also bought and sold shares of the business. Fragasso Financial Advisors Inc acquired a new position in shares of Fidelity Enhanced International ETF during the second quarter worth $32,011,000. AlphaStar Capital Management LLC acquired a new position in Fidelity Enhanced International ETF in the 2nd quarter worth about $30,984,000. Orrstown Financial Services Inc. raised its position in Fidelity Enhanced International ETF by 3,563.8% in the third quarter. Orrstown Financial Services Inc. now owns 508,128 shares of the company’s stock valued at $15,386,000 after purchasing an additional 494,259 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Fidelity Enhanced International ETF by 38.1% during the second quarter. Commonwealth Equity Services LLC now owns 842,972 shares of the company’s stock valued at $23,890,000 after purchasing an additional 232,671 shares in the last quarter. Finally, KMG Fiduciary Partners LLC grew its holdings in shares of Fidelity Enhanced International ETF by 384.4% during the third quarter. KMG Fiduciary Partners LLC now owns 134,079 shares of the company’s stock worth $4,060,000 after purchasing an additional 106,400 shares during the last quarter.

Fidelity Enhanced International ETF Price Performance

Fidelity Enhanced International ETF stock opened at $27.97 on Tuesday. The business has a 50 day moving average of $29.28 and a 200-day moving average of $29.01. Fidelity Enhanced International ETF has a 1 year low of $24.88 and a 1 year high of $30.50. The company has a market capitalization of $1.46 billion, a P/E ratio of 12.54 and a beta of 0.68.

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.