Principal Securities Inc. Boosts Position in Fidelity Enhanced International ETF $FENI

Principal Securities Inc. raised its stake in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) by 18.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 256,853 shares of the company’s stock after buying an additional 40,568 shares during the quarter. Principal Securities Inc. owned about 0.14% of Fidelity Enhanced International ETF worth $9,396,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in FENI. Northwestern Mutual Wealth Management Co. grew its holdings in Fidelity Enhanced International ETF by 74.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 7,950,844 shares of the company’s stock valued at $280,506,000 after buying an additional 3,400,521 shares in the last quarter. Thrivent Financial for Lutherans grew its holdings in Fidelity Enhanced International ETF by 13,201.5% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,754,072 shares of the company’s stock valued at $64,167,000 after buying an additional 1,740,885 shares in the last quarter. Raymond James Financial Inc. grew its holdings in Fidelity Enhanced International ETF by 178.7% during the 3rd quarter. Raymond James Financial Inc. now owns 2,254,191 shares of the company’s stock valued at $79,528,000 after buying an additional 1,445,409 shares in the last quarter. Ameriprise Financial Inc. purchased a new position in Fidelity Enhanced International ETF during the 3rd quarter valued at about $44,603,000. Finally, LPL Financial LLC grew its holdings in Fidelity Enhanced International ETF by 43.1% during the 4th quarter. LPL Financial LLC now owns 4,125,590 shares of the company’s stock valued at $150,914,000 after buying an additional 1,242,471 shares in the last quarter.

Fidelity Enhanced International ETF Stock Performance

NYSEARCA:FENI opened at $40.16 on Friday. The firm has a market capitalization of $9.32 billion, a price-to-earnings ratio of 14.82 and a beta of 0.55. Fidelity Enhanced International ETF has a 52-week low of $31.80 and a 52-week high of $40.90. The stock has a fifty day moving average of $39.43 and a 200 day moving average of $38.37.

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.