Orrstown Financial Services Inc. Acquires 494,259 Shares of Fidelity Enhanced International ETF (NYSEARCA:FENI)

Orrstown Financial Services Inc. grew its stake in Fidelity Enhanced International ETF (NYSEARCA:FENI) by 3,563.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 508,128 shares of the company’s stock after buying an additional 494,259 shares during the quarter. Fidelity Enhanced International ETF makes up approximately 4.5% of Orrstown Financial Services Inc.’s portfolio, making the stock its 5th largest holding. Orrstown Financial Services Inc.’s holdings in Fidelity Enhanced International ETF were worth $15,386,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. Mission Wealth Management LP acquired a new stake in Fidelity Enhanced International ETF in the 1st quarter worth approximately $202,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of Fidelity Enhanced International ETF in the third quarter valued at approximately $302,000. Creative Planning lifted its stake in shares of Fidelity Enhanced International ETF by 25.2% in 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 during the last quarter. OmniStar Financial Group Inc. lifted its stake in shares of Fidelity Enhanced International ETF by 7.7% in the third quarter. OmniStar Financial Group Inc. now owns 12,088 shares of the company’s stock worth $367,000 after buying an additional 860 shares during the last quarter. Finally, Breakwater Capital Group boosted its holdings in shares of Fidelity Enhanced International ETF by 11.9% during the 2nd quarter. Breakwater Capital Group now owns 13,588 shares of the company’s stock worth $385,000 after buying an additional 1,445 shares during the period.

Fidelity Enhanced International ETF Stock Performance

Shares of NYSEARCA:FENI opened at $29.02 on Tuesday. The stock’s 50-day moving average is $29.57 and its 200-day moving average is $28.91. The company has a market cap of $1.51 billion, a P/E ratio of 12.54 and a beta of 0.68. Fidelity Enhanced International ETF has a 52-week low of $24.88 and a 52-week high of $30.50.

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.