Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Trading Up 0.3% – Here’s What Happened

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) traded up 0.3% during trading on Friday . The stock traded as high as $43.19 and last traded at $43.00. 128,769 shares traded hands during trading, a decline of 78% from the average session volume of 585,134 shares. The stock had previously closed at $42.87.

Fidelity Investment Grade Securitized ETF Stock Performance

The firm has a 50 day moving average of $42.57 and a 200 day moving average of $43.22.

Institutional Trading of Fidelity Investment Grade Securitized ETF

Several large investors have recently made changes to their positions in FSEC. Bank of America Corp DE acquired a new position in shares of Fidelity Investment Grade Securitized ETF during the fourth quarter valued at about $45,000. Fisher Asset Management LLC purchased a new position in Fidelity Investment Grade Securitized ETF during the 4th quarter worth $357,000. Renaissance Technologies LLC purchased a new position in Fidelity Investment Grade Securitized ETF during the 4th quarter worth $472,000. Citadel Advisors LLC boosted its position in Fidelity Investment Grade Securitized ETF by 13.7% in the fourth quarter. Citadel Advisors LLC now owns 27,998 shares of the company’s stock worth $1,190,000 after purchasing an additional 3,371 shares during the last quarter. Finally, MML Investors Services LLC purchased a new position in Fidelity Investment Grade Securitized ETF in the third quarter worth $1,312,000.

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.