Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Stock Price Up 0.1% – Here’s What Happened

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

Fidelity Investment Grade Securitized ETF Price Performance

The stock has a 50-day moving average price of $42.83 and a two-hundred day moving average price of $43.20.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Fidelity Investment Grade Securitized ETF stock. FMR LLC increased its holdings in Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) by 77,445.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,814,532 shares of the company’s stock after purchasing an additional 24,782,532 shares during the period. FMR LLC owned 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.