Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Trading Up 0.1% – Should You Buy?

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

Fidelity Investment Grade Securitized ETF Stock Down 0.9 %

The stock has a fifty day simple moving average of $42.83 and a 200 day simple moving average of $43.20.

Institutional Investors Weigh In On Fidelity Investment Grade Securitized ETF

An institutional investor recently bought a new position in Fidelity Investment Grade Securitized ETF stock. MML Investors Services LLC bought a new position in shares of Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 29,602 shares of the company’s stock, valued at approximately $1,312,000. MML Investors Services LLC owned about 39.47% of Fidelity Investment Grade Securitized ETF at the end of the most recent quarter.

About Fidelity Investment Grade Securitized ETF

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.