Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Sees Large Volume Increase – Here’s What Happened

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) shares saw strong trading volume on Friday . 304,841 shares traded hands during mid-day trading, an increase of 6% from the previous session’s volume of 287,324 shares.The stock last traded at $44.2290 and had previously closed at $44.26.

Fidelity Investment Grade Securitized ETF Stock Down 0.0%

The firm has a 50 day moving average of $44.37 and a two-hundred day moving average of $44.13.

Institutional Trading of Fidelity Investment Grade Securitized ETF

Several institutional investors and hedge funds have recently made changes to their positions in FSEC. Bank of America Corp DE purchased a new stake in Fidelity Investment Grade Securitized ETF during the 4th quarter worth about $45,000. Goldman Sachs Group Inc. acquired a new stake in shares of Fidelity Investment Grade Securitized ETF during the 1st quarter worth about $1,384,000. ST Germain D J Co. Inc. acquired a new position in shares of Fidelity Investment Grade Securitized ETF in the second quarter valued at approximately $48,000. IFP Advisors Inc acquired a new position in shares of Fidelity Investment Grade Securitized ETF in the second quarter valued at approximately $109,000. Finally, First Citizens Bank & Trust Co. purchased a new position in shares of Fidelity Investment Grade Securitized ETF during the second quarter valued at approximately $298,000.

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.