Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Shares Up 0.1% – Time to Buy?

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) shot up 0.1% on Thursday . The stock traded as high as $42.33 and last traded at $42.30. 3,421,733 shares traded hands during trading, an increase of 352% from the average session volume of 757,707 shares. The stock had previously closed at $42.27.

Fidelity Investment Grade Securitized ETF Stock Up 0.1 %

The stock has a 50 day simple moving average of $42.85 and a 200-day simple moving average of $43.20.

Institutional Investors Weigh In On Fidelity Investment Grade Securitized ETF

A hedge fund recently bought a new stake in Fidelity Investment Grade Securitized ETF stock. MML Investors Services LLC bought a new stake in shares of Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 29,602 shares of the company’s stock, valued at approximately $1,312,000. MML Investors Services LLC owned about 39.47% of Fidelity Investment Grade Securitized ETF as of its most recent filing with the Securities and Exchange Commission.

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.