USAdvisors Wealth Management LLC Makes New $4.38 Million Investment in Fidelity Enhanced International ETF $FENI

USAdvisors Wealth Management LLC bought a new stake in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 119,870 shares of the company’s stock, valued at approximately $4,384,000. Fidelity Enhanced International ETF comprises about 1.4% of USAdvisors Wealth Management LLC’s portfolio, making the stock its 23rd biggest holding. USAdvisors Wealth Management LLC owned approximately 0.07% of Fidelity Enhanced International ETF as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Thrivent Financial for Lutherans raised its holdings in shares of Fidelity Enhanced International ETF by 13,201.5% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,754,072 shares of the company’s stock valued at $64,167,000 after acquiring an additional 1,740,885 shares during the last quarter. Williams & Novak LLC raised its holdings in shares of Fidelity Enhanced International ETF by 21.5% during the fourth quarter. Williams & Novak LLC now owns 23,645 shares of the company’s stock valued at $865,000 after acquiring an additional 4,177 shares during the last quarter. Cornerstone Wealth Management LLC raised its holdings in shares of Fidelity Enhanced International ETF by 3,605.1% during the fourth quarter. Cornerstone Wealth Management LLC now owns 335,423 shares of the company’s stock valued at $12,270,000 after acquiring an additional 326,370 shares during the last quarter. Berman McAleer LLC acquired a new position in shares of Fidelity Enhanced International ETF during the fourth quarter valued at approximately $263,000. Finally, Financial Strategies Group Inc. raised its holdings in shares of Fidelity Enhanced International ETF by 2.1% during the fourth quarter. Financial Strategies Group Inc. now owns 1,144,936 shares of the company’s stock valued at $43,107,000 after acquiring an additional 24,043 shares during the last quarter.

Fidelity Enhanced International ETF Price Performance

Shares of Fidelity Enhanced International ETF stock opened at $39.84 on Friday. The business has a 50 day simple moving average of $38.45 and a two-hundred day simple moving average of $37.75. Fidelity Enhanced International ETF has a 12 month low of $31.57 and a 12 month high of $40.90. The stock has a market capitalization of $9.24 billion, a P/E ratio of 14.82 and a beta of 0.56.

Fidelity Enhanced International ETF Company 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.