Smith Chas P & Associates PA Cpas Lowers Stake in Fidelity NASDAQ Composite Index ETF $ONEQ

Smith Chas P & Associates PA Cpas cut its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 4.4% during the second quarter, HoldingsChannel reports. The firm owned 139,495 shares of the company’s stock after selling 6,445 shares during the period. Smith Chas P & Associates PA Cpas’ holdings in Fidelity NASDAQ Composite Index ETF were worth $14,399,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Keenan LLC acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth about $6,082,000. Cambridge Investment Research Advisors Inc. increased its position in Fidelity NASDAQ Composite Index ETF by 20.2% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 252,123 shares of the company’s stock valued at $23,044,000 after acquiring an additional 42,428 shares during the period. Commonwealth Financial Services LLC increased its position in Fidelity NASDAQ Composite Index ETF by 6.8% in the 1st quarter. Commonwealth Financial Services LLC now owns 145,768 shares of the company’s stock valued at $12,377,000 after acquiring an additional 9,330 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Fidelity NASDAQ Composite Index ETF by 494.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 329,154 shares of the company’s stock valued at $30,085,000 after acquiring an additional 273,803 shares during the last quarter. Finally, Fortune Financial Group Inc. acquired a new stake in Fidelity NASDAQ Composite Index ETF during the 4th quarter worth approximately $1,376,000.

Fidelity NASDAQ Composite Index ETF Price Performance

Shares of ONEQ stock traded up $0.91 during midday trading on Friday, hitting $103.78. The company had a trading volume of 299,746 shares, compared to its average volume of 344,892. The company’s 50 day simple moving average is $102.63 and its 200 day simple moving average is $98.39. Fidelity NASDAQ Composite Index ETF has a 52-week low of $81.45 and a 52-week high of $107.07. The stock has a market cap of $10.77 billion, a price-to-earnings ratio of 28.20 and a beta of 1.22.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued a dividend of $0.143 per share. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. This represents a $0.57 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, June 18th.

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.