Northwestern Mutual Wealth Management Co. Boosts Stake in Fidelity Enhanced International ETF $FENI

Northwestern Mutual Wealth Management Co. grew its stake in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) by 22.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,715,353 shares of the company’s stock after buying an additional 1,764,509 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 5.36% of Fidelity Enhanced International ETF worth $355,388,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Fragasso Financial Advisors Inc raised its position in shares of Fidelity Enhanced International ETF by 1.9% during the 4th quarter. Fragasso Financial Advisors Inc now owns 2,467,211 shares of the company’s stock valued at $90,251,000 after buying an additional 44,916 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of 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. Thrivent Financial for Lutherans raised its holdings in shares of 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. Cornerstone Planning Group LLC raised its holdings in shares of Fidelity Enhanced International ETF by 1.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 1,643,186 shares of the company’s stock valued at $63,706,000 after buying an additional 25,753 shares in the last quarter. Finally, Orrstown Financial Services Inc. raised its holdings in shares of Fidelity Enhanced International ETF by 3.9% during the 4th quarter. Orrstown Financial Services Inc. now owns 1,459,872 shares of the company’s stock valued at $53,402,000 after buying an additional 54,529 shares in the last quarter.

Fidelity Enhanced International ETF Trading Down 0.0%

Shares of NYSEARCA FENI opened at $40.22 on Friday. The stock has a market cap of $9.33 billion, a price-to-earnings ratio of 14.82 and a beta of 0.56. Fidelity Enhanced International ETF has a 1-year low of $31.80 and a 1-year high of $40.90. The stock’s 50-day moving average is $38.79 and its 200 day moving average is $38.05.

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.