Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Stock Price Down 0.4%

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) fell 0.4% during mid-day trading on Wednesday . The stock traded as low as $41.63 and last traded at $41.63. 246 shares were traded during mid-day trading, a decline of 82% from the average session volume of 1,338 shares. The stock had previously closed at $41.81.

Fidelity Investment Grade Securitized ETF Stock Performance

The stock has a 50-day moving average of $41.75 and a 200-day moving average of $41.75.

Hedge Funds Weigh In On Fidelity Investment Grade Securitized ETF

An institutional investor recently bought a new position in Fidelity Investment Grade Securitized ETF stock. Envestnet Portfolio Solutions Inc. purchased a new stake in Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 6,774 shares of the company’s stock, valued at approximately $273,000. Envestnet Portfolio Solutions Inc. owned 8.47% of Fidelity Investment Grade Securitized ETF as of its most recent SEC filing.

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.