Fidelity Enhanced International ETF Sees $207.5 Million Inflow

Significant Week-Over-Week Increase

The Fidelity Enhanced International ETF (Symbol: FENI) experienced a notable inflow of approximately $207.5 million, marking a 7.6% week-over-week rise in outstanding units, from 82,800,000 to 89,100,000.

Market Performance of Key Components

Among FENI’s largest holdings today, British American Tobacco plc (Symbol: BTI) rose by 1.6%. In contrast, AstraZeneca plc (Symbol: AZN) dipped by 0.1%, and Wix.com Ltd. (Symbol: WIX) fell by 0.9%.

Price Movement and Technical Analysis

FENI’s 52-week range shows a low of $26.2144 and a high of $32.94, with the last trade currently at $32.60. The chart below illustrates the ETF’s price performance in relation to its 200-day moving average.

Understanding ETF Trading Dynamics

ETFs trade like stocks, but investors buy and sell “units.” These units can be created or destroyed based on demand. We monitor week-over-week changes to spot ETFs with significant inflows or outflows, as these movements influence the underlying assets held within the ETFs.

Click here to find out which other ETFs had notable inflows.

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The views expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.