Fidelity NASDAQ Composite Index ETF $ONEQ Stock Position Boosted by TCP Asset Management LLC

TCP Asset Management LLC lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 2.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 314,137 shares of the company’s stock after acquiring an additional 7,793 shares during the quarter. Fidelity NASDAQ Composite Index ETF comprises approximately 4.8% of TCP Asset Management LLC’s holdings, making the stock its 6th biggest holding. TCP Asset Management LLC owned approximately 0.31% of Fidelity NASDAQ Composite Index ETF worth $28,712,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its holdings in Fidelity NASDAQ Composite Index ETF by 72.6% in the 4th quarter. Brighton Jones LLC now owns 5,117 shares of the company’s stock worth $389,000 after acquiring an additional 2,153 shares during the period. AQR Capital Management LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF during the first quarter worth $475,000. Integrated Wealth Concepts LLC boosted its stake in shares of Fidelity NASDAQ Composite Index ETF by 11.5% in the first quarter. Integrated Wealth Concepts LLC now owns 5,072 shares of the company’s stock valued at $345,000 after purchasing an additional 525 shares during the period. Jane Street Group LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF during the 1st quarter valued at $3,330,000. Finally, PNC Financial Services Group Inc. increased its stake in Fidelity NASDAQ Composite Index ETF by 9.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 12,513 shares of the company’s stock worth $1,002,000 after buying an additional 1,030 shares during the period.

Fidelity NASDAQ Composite Index ETF Price Performance

Shares of ONEQ stock opened at $85.16 on Friday. Fidelity NASDAQ Composite Index ETF has a 12 month low of $58.12 and a 12 month high of $94.49. The firm has a market capitalization of $8.65 billion, a P/E ratio of 28.20 and a beta of 1.15. The company’s fifty day moving average price is $90.27 and its two-hundred day moving average price is $90.29.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th will be given a dividend of $0.111 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, March 20th.

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.