Avidian Wealth Enterprises LLC Buys 587,100 Shares of Fidelity Enhanced International ETF $FENI

Avidian Wealth Enterprises LLC purchased a new position in shares of Fidelity Enhanced International ETF (NYSEARCA:FENI) in the third quarter, HoldingsChannel.com reports. The firm purchased 587,100 shares of the company’s stock, valued at approximately $23,431,000. Fidelity Enhanced International ETF comprises 0.7% of Avidian Wealth Enterprises LLC’s portfolio, making the stock its 26th biggest holding.

Several other hedge funds have also recently made changes to their positions in the business. Envestnet Portfolio Solutions Inc. boosted its position in shares of Fidelity Enhanced International ETF by 95.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 597,385 shares of the company’s stock worth $23,973,000 after purchasing an additional 292,090 shares in the last quarter. KFA Private Wealth Group LLC bought a new stake in Fidelity Enhanced International ETF in the 1st quarter valued at about $2,373,000. Vicus Capital raised its stake in Fidelity Enhanced International ETF by 78.5% during the 1st quarter. Vicus Capital now owns 192,746 shares of the company’s stock worth $7,170,000 after buying an additional 84,783 shares during the period. Citadel Advisors LLC bought a new stake in shares of Fidelity Enhanced International ETF during the second quarter valued at approximately $1,527,000. Finally, M Holdings Securities Inc. bought a new position in shares of Fidelity Enhanced International ETF in the 4th quarter worth $2,766,000.

Fidelity Enhanced International ETF Stock Down 0.5%

FENI traded down $0.21 during trading on Thursday, hitting $39.44. 655,693 shares of the company’s stock were exchanged, compared to its average volume of 1,617,840. The business’s 50 day moving average is $41.00 and its two-hundred day moving average is $39.97. The stock has a market cap of $11.35 billion, a P/E ratio of 14.82 and a beta of 0.56. Fidelity Enhanced International ETF has a fifty-two week low of $34.36 and a fifty-two week high of $42.08.

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.