Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Hits New 1-Year Low – Here’s What Happened

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSECGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $42.48 and last traded at $42.49, with a volume of 17655 shares traded. The stock had previously closed at $42.72.

Fidelity Investment Grade Securitized ETF Stock Performance

The business has a 50-day moving average price of $43.27 and a 200 day moving average price of $43.71.

Institutional Investors Weigh In On Fidelity Investment Grade Securitized ETF

Institutional investors have recently added to or reduced their stakes in the business. Allworth Financial LP increased its stake in shares of Fidelity Investment Grade Securitized ETF by 42.1% in the second quarter. Allworth Financial LP now owns 2,629 shares of the company’s stock worth $115,000 after purchasing an additional 779 shares in the last quarter. Royal Bank of Canada purchased a new stake in shares of Fidelity Investment Grade Securitized ETF during the 1st quarter valued at approximately $126,000. Nwam LLC purchased a new stake in shares of Fidelity Investment Grade Securitized ETF during the 2nd quarter valued at approximately $201,000. ShoreHaven Wealth Partners LLC bought a new position in Fidelity Investment Grade Securitized ETF in the 4th quarter worth approximately $227,000. Finally, Glenview Trust Co purchased a new position in Fidelity Investment Grade Securitized ETF in the 4th quarter valued at approximately $288,000.

About Fidelity Investment Grade Securitized ETF

(Get Free Report)

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.

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