Islay Capital Management LLC Raises Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Islay Capital Management LLC boosted its position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 28.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,152 shares of the company’s stock after purchasing an additional 6,005 shares during the period. Fidelity NASDAQ Composite Index ETF comprises approximately 1.2% of Islay Capital Management LLC’s portfolio, making the stock its 19th biggest holding. Islay Capital Management LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,608,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kestra Private Wealth Services LLC increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 8.6% in the fourth quarter. Kestra Private Wealth Services LLC now owns 32,365 shares of the company’s stock worth $1,917,000 after purchasing an additional 2,576 shares in the last quarter. Cedar Point Capital Partners LLC purchased a new position in Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at approximately $2,480,000. Atria Wealth Solutions Inc. raised its holdings in Fidelity NASDAQ Composite Index ETF by 4.3% during the 4th quarter. Atria Wealth Solutions Inc. now owns 388,901 shares of the company’s stock valued at $23,039,000 after acquiring an additional 16,109 shares during the period. GAMMA Investing LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth $85,000. Finally, Larson Financial Group LLC grew its position in shares of Fidelity NASDAQ Composite Index ETF by 21.4% in the fourth quarter. Larson Financial Group LLC now owns 1,447 shares of the company’s stock valued at $86,000 after purchasing an additional 255 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Down 1.1 %

ONEQ traded down $0.68 during trading on Tuesday, reaching $62.21. 225,085 shares of the company were exchanged, compared to its average volume of 265,645. The company has a market cap of $5.90 billion, a price-to-earnings ratio of 32.46 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 12-month low of $46.81 and a 12-month high of $65.09. The company’s 50-day moving average is $63.28 and its two-hundred day moving average is $59.39.

Fidelity NASDAQ Composite Index ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 18th were paid a dividend of $0.112 per share. The ex-dividend date was Friday, March 15th. This represents a $0.45 annualized dividend and a yield of 0.72%.

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.