First Citizens Bank & Trust Co. Makes New Investment in Fidelity Investment Grade Securitized ETF $FSEC

First Citizens Bank & Trust Co. purchased a new stake in shares of Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 6,839 shares of the company’s stock, valued at approximately $298,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. IFP Advisors Inc bought a new position in shares of Fidelity Investment Grade Securitized ETF in the second quarter worth approximately $109,000. ST Germain D J Co. Inc. purchased a new position in shares of Fidelity Investment Grade Securitized ETF during the 2nd quarter valued at about $48,000. Gries Financial LLC bought a new stake in Fidelity Investment Grade Securitized ETF in the 2nd quarter worth approximately $272,000. Goldman Sachs Group Inc. purchased a new stake in Fidelity Investment Grade Securitized ETF in the first quarter worth approximately $1,384,000. Finally, Integrity Alliance LLC. purchased a new stake in Fidelity Investment Grade Securitized ETF in the first quarter worth approximately $3,257,000.

Fidelity Investment Grade Securitized ETF Price Performance

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

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.