Fidelity Enhanced International ETF (NYSEARCA:FENI) Hits New 1-Year Low – Should You Sell?

Fidelity Enhanced International ETF (NYSEARCA:FENI) hit a new 52-week low on Monday . The stock traded as low as $26.26 and last traded at $26.69, with a volume of 128697 shares trading hands. The stock had previously closed at $27.30.

Fidelity Enhanced International ETF Trading Down 2.6 %

The business has a fifty day moving average of $29.82 and a 200-day moving average of $29.02. The firm has a market cap of $1.93 billion, a PE ratio of 15.46 and a beta of 0.68.

Institutional Trading of Fidelity Enhanced International ETF

Several institutional investors and hedge funds have recently bought and sold shares of FENI. Mutual Advisors LLC increased its stake in Fidelity Enhanced International ETF by 2.3% in the fourth quarter. Mutual Advisors LLC now owns 19,721 shares of the company’s stock valued at $549,000 after acquiring an additional 447 shares during the last quarter. Nwam LLC increased its position in shares of Fidelity Enhanced International ETF by 3.1% during the 4th quarter. Nwam LLC now owns 19,031 shares of the company’s stock valued at $524,000 after purchasing an additional 575 shares during the last quarter. Harbour Investments Inc. raised its holdings in shares of Fidelity Enhanced International ETF by 55.1% during the 4th quarter. Harbour Investments Inc. now owns 2,414 shares of the company’s stock valued at $66,000 after buying an additional 858 shares in the last quarter. Principal Securities Inc. lifted its position in Fidelity Enhanced International ETF by 5.4% in the 4th quarter. Principal Securities Inc. now owns 16,823 shares of the company’s stock worth $463,000 after buying an additional 863 shares during the last quarter. Finally, MML Investors Services LLC boosted its stake in Fidelity Enhanced International ETF by 2.7% in the third quarter. MML Investors Services LLC now owns 34,512 shares of the company’s stock worth $1,045,000 after buying an additional 896 shares in the last quarter.

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.