Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Trading Down 0.4%

Shares of Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) traded down 0.4% during mid-day trading on Tuesday . The company traded as low as $40.96 and last traded at $40.97. 379 shares were traded during trading, a decline of 73% from the average session volume of 1,428 shares. The stock had previously closed at $41.15.

Fidelity Investment Grade Securitized ETF Stock Performance

The stock has a 50-day simple moving average of $41.97 and a 200-day simple moving average of $41.60.

Institutional Trading of Fidelity Investment Grade Securitized ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Jane Street Group LLC raised its stake in shares of Fidelity Investment Grade Securitized ETF by 15.4% in the 1st quarter. Jane Street Group LLC now owns 44,836 shares of the company’s stock worth $2,087,000 after buying an additional 5,985 shares in the last quarter. Osaic Holdings Inc. acquired a new stake in shares of Fidelity Investment Grade Securitized ETF during the second quarter worth $287,000. Envestnet Asset Management Inc. acquired a new stake in shares of Fidelity Investment Grade Securitized ETF during the second quarter worth $286,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Fidelity Investment Grade Securitized ETF during the third quarter worth $273,000.

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.