Midwest Financial Network LLC Purchases 18,527 Shares of Fidelity Investment Grade Securitized ETF $FSEC

Midwest Financial Network LLC grew its position in Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) by 113.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,887 shares of the company’s stock after purchasing an additional 18,527 shares during the period. Midwest Financial Network LLC’s holdings in Fidelity Investment Grade Securitized ETF were worth $1,529,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FSEC. Cetera Investment Advisers grew its holdings in shares of Fidelity Investment Grade Securitized ETF by 2,051.6% in the 4th quarter. Cetera Investment Advisers now owns 341,761 shares of the company’s stock valued at $15,082,000 after buying an additional 325,877 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake 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 buying an additional 135,377 shares during the period. Kestra Advisory Services LLC bought a new position in Fidelity Investment Grade Securitized ETF during the first quarter worth about $2,903,000. Flow Traders U.S. LLC bought a new position in Fidelity Investment Grade Securitized ETF during the third quarter worth about $2,076,000. Finally, Goldman Sachs Group Inc. acquired a new position in Fidelity Investment Grade Securitized ETF in the first quarter valued at about $1,384,000.

Fidelity Investment Grade Securitized ETF Stock Performance

Shares of Fidelity Investment Grade Securitized ETF stock opened at $43.51 on Thursday. Fidelity Investment Grade Securitized ETF has a 1 year low of $42.97 and a 1 year high of $45.60. The business has a 50-day moving average of $43.72 and a two-hundred day moving average of $44.01.

Fidelity Investment Grade Securitized ETF 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.