Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC – Get Free Report)’s stock price hit a new 52-week low during trading on Monday. The stock traded as low as $41.48 and last traded at $41.5090, with a volume of 325418 shares changing hands. The stock had previously closed at $41.69.
Fidelity Investment Grade Securitized ETF Stock Performance
The firm’s 50-day simple moving average is $43.01 and its 200-day simple moving average is $43.58.
Hedge Funds Weigh In On Fidelity Investment Grade Securitized ETF
Several institutional investors have recently modified their holdings of FSEC. RCS Financial Planning LLC bought a new position in Fidelity Investment Grade Securitized ETF during the first quarter valued at approximately $1,191,000. Citadel Advisors LLC bought a new position in shares of Fidelity Investment Grade Securitized ETF during the second quarter valued at about $11,071,000. Midwest Financial Network LLC lifted its holdings in Fidelity Investment Grade Securitized ETF by 113.2% in the 2nd quarter. Midwest Financial Network LLC now owns 34,887 shares of the company’s stock worth $1,529,000 after buying an additional 18,527 shares during the period. Kestra Advisory Services LLC purchased a new stake in Fidelity Investment Grade Securitized ETF in the first quarter worth $2,903,000. Finally, Cetera Investment Advisers lifted its position in shares of Fidelity Investment Grade Securitized ETF by 12.7% in the 1st quarter. Cetera Investment Advisers now owns 385,166 shares of the company’s stock worth $16,886,000 after purchasing an additional 43,405 shares during the period.
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.
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