RiverTree Advisors LLC Buys New Holdings in Fidelity NASDAQ Composite Index ETF $ONEQ

RiverTree Advisors LLC bought a new position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 16,145 shares of the company’s stock, valued at approximately $1,476,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ONEQ. Clearstead Advisors LLC bought a new position in shares of Fidelity NASDAQ Composite Index ETF during the 3rd quarter worth about $34,000. Assetmark Inc. raised its position 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 in the last quarter. Dunhill Financial LLC lifted its stake in Fidelity NASDAQ Composite Index ETF by 463.0% during the third quarter. Dunhill Financial LLC now owns 608 shares of the company’s stock worth $54,000 after purchasing an additional 500 shares during the period. Grey Fox Wealth Advisors LLC bought a new position in Fidelity NASDAQ Composite Index ETF during the third quarter worth about $85,000. Finally, Darwin Wealth Management LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF during the second quarter valued at approximately $87,000.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of ONEQ opened at $82.49 on Monday. The stock has a market cap of $8.38 billion, a PE ratio of 28.20 and a beta of 1.15. Fidelity NASDAQ Composite Index ETF has a 1 year low of $58.12 and a 1 year high of $94.49. The stock has a 50 day simple moving average of $89.50 and a 200-day simple moving average of $90.35.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Friday, March 20th were issued a dividend of $0.111 per share. The ex-dividend date of this dividend was Friday, March 20th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.5%.

Fidelity NASDAQ Composite Index ETF 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.