Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Sees Unusually-High Trading Volume – Should You Buy?

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) shares saw unusually-strong trading volume on Friday . Approximately 304,841 shares were traded during trading, an increase of 6% from the previous session’s volume of 287,324 shares.The stock last traded at $44.2290 and had previously closed at $44.26.

Fidelity Investment Grade Securitized ETF Price Performance

The stock has a 50-day moving average of $44.36 and a two-hundred day moving average of $44.14.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC acquired a new stake in shares of Fidelity Investment Grade Securitized ETF during the third quarter valued at approximately $27,000. Bank of America Corp DE purchased a new position in Fidelity Investment Grade Securitized ETF during the 4th quarter worth approximately $45,000. ST Germain D J Co. Inc. acquired a new stake in Fidelity Investment Grade Securitized ETF during the 2nd quarter valued at $48,000. Raymond James Financial Inc. purchased a new stake in shares of Fidelity Investment Grade Securitized ETF in the second quarter valued at $52,000. Finally, Allworth Financial LP acquired a new stake in shares of Fidelity Investment Grade Securitized ETF in the second quarter worth $81,000.

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.