Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Shares Up 1% – Here’s What Happened

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC)’s stock price rose 1% on Monday . The stock traded as high as $43.45 and last traded at $43.29. Approximately 431,738 shares traded hands during trading, an increase of 206% from the average daily volume of 141,094 shares. The stock had previously closed at $42.87.

Fidelity Investment Grade Securitized ETF Trading Up 0.3 %

The business’s 50-day moving average is $43.47 and its two-hundred day moving average is $43.04.

Hedge Funds Weigh In On Fidelity Investment Grade Securitized ETF

An institutional investor recently raised its position in Fidelity Investment Grade Securitized ETF stock. FMR LLC lifted its position 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 Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,814,532 shares of the company’s stock after purchasing an additional 24,782,532 shares during the period. FMR LLC owned about 33,086.04% of Fidelity Investment Grade Securitized ETF worth $1,099,780,000 as of its most recent SEC filing.

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.