HighTower Advisors LLC Sells 11,250 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

HighTower Advisors LLC lowered its position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 5.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 188,157 shares of the company’s stock after selling 11,250 shares during the period. HighTower Advisors LLC owned approximately 0.19% of Fidelity NASDAQ Composite Index ETF worth $16,771,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Assetmark Inc. grew its holdings in Fidelity NASDAQ Composite Index ETF by 31.2% in the third quarter. Assetmark Inc. now owns 505 shares of the company’s stock worth $45,000 after purchasing an additional 120 shares during the last quarter. Private Trust Co. NA boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 18.7% in the 2nd quarter. Private Trust Co. NA now owns 890 shares of the company’s stock worth $71,000 after purchasing an additional 140 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 3rd quarter worth $85,000. Darwin Wealth Management LLC purchased a new position in Fidelity NASDAQ Composite Index ETF during the 2nd quarter worth $87,000. Finally, Cape Investment Advisory Inc. increased its position in Fidelity NASDAQ Composite Index ETF by 116.4% during the 2nd quarter. Cape Investment Advisory Inc. now owns 1,296 shares of the company’s stock valued at $104,000 after buying an additional 697 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

Fidelity NASDAQ Composite Index ETF stock opened at $89.37 on Friday. The stock has a market cap of $9.08 billion, a PE ratio of 28.20 and a beta of 1.15. The stock has a 50-day moving average of $91.55 and a two-hundred day moving average of $89.64. Fidelity NASDAQ Composite Index ETF has a one year low of $58.12 and a one year high of $94.49.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were paid a $0.147 dividend. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, December 19th. This represents a $0.59 dividend on an annualized basis and a yield of 0.7%.

Fidelity NASDAQ Composite Index ETF Company Profile

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. The Fund uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire the Index.