First Citizens Bank & Trust Co. Buys Shares of 6,839 Fidelity Investment Grade Securitized ETF $FSEC

First Citizens Bank & Trust Co. purchased a new position in Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) in the 2nd quarter, HoldingsChannel reports. The fund purchased 6,839 shares of the company’s stock, valued at approximately $298,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Bank of America Corp DE bought a new position in Fidelity Investment Grade Securitized ETF during the 4th quarter valued at about $45,000. ST Germain D J Co. Inc. bought a new position in shares of Fidelity Investment Grade Securitized ETF during the 2nd quarter valued at approximately $48,000. MAI Capital Management bought a new position in shares of Fidelity Investment Grade Securitized ETF in the first quarter worth approximately $49,000. PNC Financial Services Group Inc. bought a new position in Fidelity Investment Grade Securitized ETF in the 1st quarter worth $57,000. Finally, IFP Advisors Inc bought a new position in shares of Fidelity Investment Grade Securitized ETF in the second quarter worth about $109,000.

Fidelity Investment Grade Securitized ETF Trading Up 0.4%

Fidelity Investment Grade Securitized ETF stock opened at $44.85 on Monday. The firm’s 50 day moving average price is $44.24 and its 200-day moving average price is $43.54. Fidelity Investment Grade Securitized ETF has a 1 year low of $41.84 and a 1 year high of $45.60.

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.