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

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC)’s share price rose 1% during mid-day trading on Monday . The stock traded as high as $43.45 and last traded at $43.29. Approximately 431,738 shares were traded 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 Stock Up 0.3 %

The business has a 50 day moving average of $43.47 and a 200-day moving average of $43.04.

Institutional Trading of Fidelity Investment Grade Securitized ETF

A hedge fund recently bought a new stake 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) during the third quarter, according to the company in its most recent 13F 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.