Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Trading Up 0.1% – Here’s Why

Shares of Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) rose 0.1% on Thursday . The stock traded as high as $42.33 and last traded at $42.30. Approximately 3,421,733 shares traded hands during trading, an increase of 352% from the average daily volume of 757,707 shares. The stock had previously closed at $42.27.

Fidelity Investment Grade Securitized ETF Stock Down 0.9 %

The stock’s fifty day simple moving average is $42.83 and its two-hundred day simple moving average is $43.20.

Institutional Trading of Fidelity Investment Grade Securitized ETF

An institutional investor recently raised its position in Fidelity Investment Grade Securitized ETF stock. FMR LLC grew its stake in shares of Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) by 77,445.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,814,532 shares of the company’s stock after purchasing an additional 24,782,532 shares during the quarter. FMR LLC owned 33,086.04% of Fidelity Investment Grade Securitized ETF worth $1,099,780,000 at the end of the most recent quarter.

Fidelity Investment Grade Securitized ETF Company Profile

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.