Noble Wealth Management PBC Makes New $890,000 Investment in Fidelity Enhanced International ETF (NYSEARCA:FENI)

Noble Wealth Management PBC bought a new position in Fidelity Enhanced International ETF (NYSEARCA:FENI) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 32,343 shares of the company’s stock, valued at approximately $890,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Fragasso Financial Advisors Inc increased its holdings in shares of Fidelity Enhanced International ETF by 9.5% in the 4th quarter. Fragasso Financial Advisors Inc now owns 1,557,641 shares of the company’s stock worth $42,882,000 after purchasing an additional 135,679 shares in the last quarter. KFG Wealth Management LLC increased its holdings in shares of Fidelity Enhanced International ETF by 34.6% in the 4th quarter. KFG Wealth Management LLC now owns 889,786 shares of the company’s stock worth $24,496,000 after purchasing an additional 228,692 shares in the last quarter. Orrstown Financial Services Inc. increased its holdings in shares of Fidelity Enhanced International ETF by 23.6% in the 4th quarter. Orrstown Financial Services Inc. now owns 628,247 shares of the company’s stock worth $17,296,000 after purchasing an additional 120,119 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Fidelity Enhanced International ETF in the 3rd quarter worth $16,935,000. Finally, Pallas Capital Advisors LLC bought a new stake in shares of Fidelity Enhanced International ETF in the fourth quarter worth $14,646,000.

Fidelity Enhanced International ETF Stock Performance

NYSEARCA:FENI opened at $29.87 on Friday. The stock has a 50-day simple moving average of $28.65 and a two-hundred day simple moving average of $28.90. Fidelity Enhanced International ETF has a 52-week low of $26.72 and a 52-week high of $30.50. The firm has a market capitalization of $1.56 billion, a PE ratio of 12.54 and a beta of 0.68.

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.