Fidelity Sustainable High Yield ETF (NYSEARCA:FSYD – Get Free Report)’s stock price dropped 0% during trading on Friday . The company traded as low as $48.09 and last traded at $48.16. Approximately 41,939 shares traded hands during mid-day trading, an increase of 74% from the average daily volume of 24,040 shares. The stock had previously closed at $48.18.
Fidelity Sustainable High Yield ETF Trading Down 0.0%
The firm has a market capitalization of $144.48 million, a price-to-earnings ratio of 24.19 and a beta of 0.42. The stock’s fifty day moving average price is $48.45 and its two-hundred day moving average price is $48.57.
Institutional Trading of Fidelity Sustainable High Yield ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of FSYD. Kestra Advisory Services LLC purchased a new stake in Fidelity Sustainable High Yield ETF during the 4th quarter worth about $74,000. KW Wealth Management LLC purchased a new position in shares of Fidelity Sustainable High Yield ETF in the 4th quarter valued at about $242,000. Money Concepts Capital Corp purchased a new position in shares of Fidelity Sustainable High Yield ETF in the 4th quarter valued at about $399,000. Dynamic Advisor Solutions LLC acquired a new stake in shares of Fidelity Sustainable High Yield ETF during the 2nd quarter worth about $517,000. Finally, Jane Street Group LLC raised its position in shares of Fidelity Sustainable High Yield ETF by 288.9% during the 4th quarter. Jane Street Group LLC now owns 18,020 shares of the company’s stock worth $873,000 after acquiring an additional 13,387 shares in the last quarter.
About Fidelity Sustainable High Yield ETF
The Fidelity Sustainable High Yield ETF (FSYD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that combines a multi-factor quantitative screen, fundamental analysis, and ESG rating to select high-yield bonds issued by global corporations that exhibit sustainability practices. FSYD was launched on Feb 15, 2022 and is managed by Fidelity.
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