Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Trading 0% Higher – Time to Buy?

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC)’s stock price was up 0% on Wednesday . The stock traded as high as $44.43 and last traded at $44.43. Approximately 173,798 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 482,659 shares. The stock had previously closed at $44.41.

Fidelity Investment Grade Securitized ETF Trading Up 0.0%

The stock has a fifty day simple moving average of $44.50 and a 200-day simple moving average of $43.92.

Institutional Investors Weigh In On Fidelity Investment Grade Securitized ETF

Several large investors have recently bought and sold shares of FSEC. Integrity Alliance LLC. raised its holdings in Fidelity Investment Grade Securitized ETF by 14.5% in the second quarter. Integrity Alliance LLC. now owns 85,715 shares of the company’s stock worth $3,734,000 after purchasing an additional 10,873 shares during the period. Jane Street Group LLC increased its position in shares of Fidelity Investment Grade Securitized ETF by 97.4% in the 2nd quarter. Jane Street Group LLC now owns 57,825 shares of the company’s stock valued at $2,519,000 after buying an additional 28,525 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in Fidelity Investment Grade Securitized ETF during the 3rd quarter worth $2,076,000. JPMorgan Chase & Co. lifted its holdings in Fidelity Investment Grade Securitized ETF by 93.7% during the third quarter. JPMorgan Chase & Co. now owns 36,904 shares of the company’s stock worth $1,627,000 after acquiring an additional 17,855 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in Fidelity Investment Grade Securitized ETF by 182.4% during the third quarter. Envestnet Asset Management Inc. now owns 31,823 shares of the company’s stock worth $1,403,000 after acquiring an additional 20,556 shares in the last quarter.

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.