Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Sees Large Volume Increase

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) saw unusually-strong trading volume on Friday . Approximately 149,679 shares changed hands during trading, a decline of 42% from the previous session’s volume of 260,162 shares.The stock last traded at $61.17 and had previously closed at $61.51.

Fidelity NASDAQ Composite Index ETF Price Performance

The firm has a market cap of $5.75 billion, a PE ratio of 32.93 and a beta of 1.13. The business has a fifty day moving average price of $63.39 and a two-hundred day moving average price of $58.87.

Fidelity NASDAQ Composite Index ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Monday, March 18th were paid a $0.112 dividend. The ex-dividend date was Friday, March 15th. This represents a $0.45 dividend on an annualized basis and a yield of 0.74%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. VitalStone Financial LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 1st quarter worth about $31,000. CENTRAL TRUST Co bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth about $34,000. Tower Research Capital LLC TRC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 3rd quarter worth about $35,000. Financial Freedom LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth about $30,000. Finally, PCA Investment Advisory Services Inc. bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 2nd quarter worth about $42,000.

About Fidelity NASDAQ Composite Index ETF

Fidelity Nasdaq Composite Index Tracking Stock (the Fund) is an exchange-traded fund . The Fund seeks to provide investment returns that closely correspond to the price and yield performance of the NASDAQ Composite Index (the Index). The Fund normally invests at least 80% of assets in common stocks included in the Index .The NASDAQ Composite Index is a market capitalization-weighted index that is designed to represent the performance of NASDAQ securities and includes over 3,000 stocks.