Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Short Interest Update

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 167,332 shares, an increase of 8,372.5% from the June 15th total of 1,975 shares. Based on an average daily volume of 711,284 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

Fidelity Investment Grade Securitized ETF Stock Performance

FSEC stock traded down $0.07 during midday trading on Friday, reaching $43.67. 165,022 shares of the company’s stock traded hands, compared to its average volume of 259,259. The firm’s fifty day moving average price is $43.84 and its 200-day moving average price is $44.12. Fidelity Investment Grade Securitized ETF has a 52 week low of $42.97 and a 52 week high of $45.60.

Institutional Investors Weigh In On Fidelity Investment Grade Securitized ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cetera Investment Advisers raised its holdings in shares of Fidelity Investment Grade Securitized ETF by 12.7% in the 1st 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 during the last quarter. Global Wealth Strategies & Associates boosted its stake in Fidelity Investment Grade Securitized ETF by 12.9% during the 2nd quarter. Global Wealth Strategies & Associates now owns 213,061 shares of the company’s stock valued at $9,341,000 after purchasing an additional 24,332 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Fidelity Investment Grade Securitized ETF by 1,860.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 142,653 shares of the company’s stock worth $6,295,000 after purchasing an additional 135,377 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Fidelity Investment Grade Securitized ETF by 25.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 66,495 shares of the company’s stock worth $2,938,000 after purchasing an additional 13,542 shares in the last quarter. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Fidelity Investment Grade Securitized ETF in the first quarter worth approximately $2,903,000.

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.