Migdal Insurance & Financial Holdings Ltd. Boosts Stake in Fidelity NASDAQ Composite Index ETF $ONEQ

Migdal Insurance & Financial Holdings Ltd. raised its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 6.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,849 shares of the company’s stock after purchasing an additional 2,982 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $4,073,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ONEQ. Brighton Jones LLC grew its stake in Fidelity NASDAQ Composite Index ETF by 72.6% in the fourth quarter. Brighton Jones LLC now owns 5,117 shares of the company’s stock valued at $389,000 after purchasing an additional 2,153 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in Fidelity NASDAQ Composite Index ETF in the first quarter valued at about $7,362,000. Albion Financial Group UT grew its stake in Fidelity NASDAQ Composite Index ETF by 10.9% in the first quarter. Albion Financial Group UT now owns 3,868 shares of the company’s stock valued at $263,000 after purchasing an additional 380 shares during the last quarter. TCP Asset Management LLC boosted its holdings in Fidelity NASDAQ Composite Index ETF by 2.3% in the first quarter. TCP Asset Management LLC now owns 298,136 shares of the company’s stock worth $20,293,000 after acquiring an additional 6,591 shares in the last quarter. Finally, Strategic Blueprint LLC boosted its holdings in Fidelity NASDAQ Composite Index ETF by 545.3% in the first quarter. Strategic Blueprint LLC now owns 37,159 shares of the company’s stock worth $2,529,000 after acquiring an additional 31,401 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of NASDAQ ONEQ opened at $93.75 on Wednesday. The company has a market cap of $9.47 billion, a PE ratio of 28.20 and a beta of 1.15. The business has a 50-day simple moving average of $87.88 and a two-hundred day simple moving average of $80.64. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $58.12 and a fifty-two week high of $93.98.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Friday, September 19th were issued a dividend of $0.137 per share. This represents a $0.55 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Friday, September 19th.

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.