Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Shares Up 0.3% – Here’s What Happened

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) shot up 0.3% on Friday . The company traded as high as $43.19 and last traded at $43.00. 128,769 shares were traded during trading, a decline of 78% from the average session volume of 585,134 shares. The stock had previously closed at $42.87.

Fidelity Investment Grade Securitized ETF Trading Up 0.3 %

The stock has a fifty day moving average of $42.57 and a two-hundred day moving average of $43.22.

Hedge Funds Weigh In On Fidelity Investment Grade Securitized ETF

A number of large investors have recently modified their holdings of the company. FMR LLC increased its holdings in shares of Fidelity Investment Grade Securitized ETF by 186.9% in the fourth quarter. FMR LLC now owns 71,194,035 shares of the company’s stock worth $3,025,853,000 after buying an additional 46,379,503 shares during the period. Jane Street Group LLC purchased a new position in shares of Fidelity Investment Grade Securitized ETF in the fourth quarter worth about $4,479,000. MML Investors Services LLC purchased a new position in shares of Fidelity Investment Grade Securitized ETF in the third quarter worth about $1,312,000. Renaissance Technologies LLC purchased a new position in shares of Fidelity Investment Grade Securitized ETF in the fourth quarter worth about $472,000. Finally, Fisher Asset Management LLC purchased a new position in shares of Fidelity Investment Grade Securitized ETF in the fourth quarter worth about $357,000.

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.