Concurrent Investment Advisors LLC Invests $1.39 Million in Fidelity Enhanced International ETF (NYSEARCA:FENI)

Concurrent Investment Advisors LLC bought a new position 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 & Exchange Commission. The firm bought 50,391 shares of the company’s stock, valued at approximately $1,387,000. Concurrent Investment Advisors LLC owned approximately 0.10% of Fidelity Enhanced International ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of FENI. Creative Planning lifted its holdings in shares of Fidelity Enhanced International ETF by 25.2% during the third quarter. Creative Planning now owns 10,404 shares of the company’s stock worth $315,000 after buying an additional 2,095 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Fidelity Enhanced International ETF during the third quarter worth $302,000. Orrstown Financial Services Inc. lifted its holdings in shares of Fidelity Enhanced International ETF by 3,563.8% during the third quarter. Orrstown Financial Services Inc. now owns 508,128 shares of the company’s stock worth $15,386,000 after buying an additional 494,259 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Fidelity Enhanced International ETF by 77.1% during the third quarter. Farther Finance Advisors LLC now owns 1,305 shares of the company’s stock worth $40,000 after buying an additional 568 shares in the last quarter. Finally, Milestone Investment Advisors LLC bought a new position in shares of Fidelity Enhanced International ETF in the third quarter worth $39,000.

Fidelity Enhanced International ETF Stock Performance

Shares of NYSEARCA FENI opened at $29.86 on Friday. Fidelity Enhanced International ETF has a 52 week low of $26.72 and a 52 week high of $30.50. The stock has a market capitalization of $1.56 billion, a P/E ratio of 12.54 and a beta of 0.68. The stock’s fifty day moving average is $28.45 and its 200 day moving average is $28.83.

Fidelity Enhanced International ETF 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.