Orrstown Financial Services Inc. Has $17.30 Million Stake in Fidelity Enhanced International ETF (NYSEARCA:FENI)

Orrstown Financial Services Inc. lifted its stake in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) by 23.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 628,247 shares of the company’s stock after buying an additional 120,119 shares during the quarter. Fidelity Enhanced International ETF comprises approximately 4.6% of Orrstown Financial Services Inc.’s investment portfolio, making the stock its 5th largest holding. Orrstown Financial Services Inc. owned about 1.21% of Fidelity Enhanced International ETF worth $17,296,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. raised its position in shares of Fidelity Enhanced International ETF by 1,838.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 87,160 shares of the company’s stock worth $2,470,000 after purchasing an additional 82,663 shares during the period. EP Wealth Advisors LLC bought a new position in shares of Fidelity Enhanced International ETF in the second quarter valued at $598,000. Fragasso Financial Advisors Inc grew its holdings in shares of Fidelity Enhanced International ETF by 25.9% during the third quarter. Fragasso Financial Advisors Inc now owns 1,421,962 shares of the company’s stock valued at $43,057,000 after buying an additional 292,412 shares during the last quarter. CWM LLC increased its position in shares of Fidelity Enhanced International ETF by 4,726.7% during the third quarter. CWM LLC now owns 14,287 shares of the company’s stock worth $433,000 after acquiring an additional 13,991 shares in the last quarter. Finally, LongView Wealth Management raised its holdings in shares of Fidelity Enhanced International ETF by 7.6% in the 3rd quarter. LongView Wealth Management now owns 43,922 shares of the company’s stock worth $1,330,000 after acquiring an additional 3,091 shares during the last quarter.

Fidelity Enhanced International ETF Stock Performance

FENI traded up $0.12 during midday trading on Wednesday, reaching $28.85. 15,810 shares of the company were exchanged, compared to its average volume of 250,069. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 12.54 and a beta of 0.68. Fidelity Enhanced International ETF has a one year low of $26.31 and a one year high of $30.50. The company’s fifty day moving average price is $28.09 and its 200 day moving average price is $28.72.

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.