Fidelity Sustainable High Yield ETF (NYSEARCA:FSYD – Get Free Report)’s share price traded down 0% on Friday . The company traded as low as $48.09 and last traded at $48.16. 41,939 shares were traded during trading, an increase of 74% from the average session volume of 24,040 shares. The stock had previously closed at $48.18.
Fidelity Sustainable High Yield ETF Price Performance
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 firm has a 50 day moving average price of $48.45 and a 200-day moving average price of $48.57.
Institutional Investors Weigh In On Fidelity Sustainable High Yield ETF
A number of hedge funds have recently bought and sold shares of FSYD. Prairie Wealth Advisors Inc. boosted its stake in shares of Fidelity Sustainable High Yield ETF by 30.0% in the 3rd quarter. Prairie Wealth Advisors Inc. now owns 55,086 shares of the company’s stock valued at $2,693,000 after buying an additional 12,699 shares during the period. Sunbelt Securities Inc. increased its stake in shares of Fidelity Sustainable High Yield ETF by 29.2% during the first quarter. Sunbelt Securities Inc. now owns 39,271 shares of the company’s stock worth $1,881,000 after buying an additional 8,885 shares during the period. Jane Street Group LLC increased its stake in shares of Fidelity Sustainable High Yield ETF by 288.9% during the fourth quarter. Jane Street Group LLC now owns 18,020 shares of the company’s stock worth $873,000 after buying an additional 13,387 shares during the period. Money Concepts Capital Corp raised its holdings in Fidelity Sustainable High Yield ETF by 68.4% in the first quarter. Money Concepts Capital Corp now owns 13,869 shares of the company’s stock valued at $664,000 after acquiring an additional 5,634 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC acquired a new stake in Fidelity Sustainable High Yield ETF in the second quarter valued at approximately $517,000.
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.
Further Reading
- Five stocks we like better than Fidelity Sustainable High Yield ETF
- Revolution Medicines Got Its Breakthrough—What Moves It Next?
- Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
- FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism
- AST SpaceMobile Stock Soared 12%—This Was the Catalyst
Receive News & Ratings for Fidelity Sustainable High Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Sustainable High Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.
