Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Shares Down 0.3% – Time to Sell?

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) dropped 0.3% during trading on Tuesday . The stock traded as low as $43.24 and last traded at $43.37. Approximately 403,982 shares traded hands during trading, an increase of 85% from the average daily volume of 217,820 shares. The stock had previously closed at $43.51.

Fidelity Investment Grade Securitized ETF Stock Performance

The company has a 50 day simple moving average of $44.00 and a 200 day simple moving average of $44.26.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Royal Bank of Canada acquired a new position in Fidelity Investment Grade Securitized ETF during the first quarter worth about $126,000. Cetera Investment Advisers raised its stake in Fidelity Investment Grade Securitized ETF by 12.7% during the first quarter. Cetera Investment Advisers now owns 385,166 shares of the company’s stock worth $16,886,000 after acquiring an additional 43,405 shares in the last quarter. Calamos Advisors LLC acquired a new position in Fidelity Investment Grade Securitized ETF during the first quarter worth about $393,000. Kestra Advisory Services LLC bought a new stake in shares of Fidelity Investment Grade Securitized ETF during the first quarter worth about $2,903,000. Finally, RCS Financial Planning LLC bought a new stake in shares of Fidelity Investment Grade Securitized ETF during the first quarter worth about $1,191,000.

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.