Cambridge Investment Research Advisors Inc. Has $23.04 Million Stock Position in Fidelity NASDAQ Composite Index ETF $ONEQ

Cambridge Investment Research Advisors Inc. lifted its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 20.2% in the fourth quarter, HoldingsChannel reports. The firm owned 252,123 shares of the company’s stock after purchasing an additional 42,428 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $23,044,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of ONEQ. Northwestern Mutual Wealth Management Co. boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 494.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 329,154 shares of the company’s stock valued at $30,085,000 after purchasing an additional 273,803 shares during the period. Thrivent Financial for Lutherans acquired a new position in shares of Fidelity NASDAQ Composite Index ETF in the 3rd quarter valued at $15,934,000. Lebenthal Global Advisors LLC boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 42.4% in the 4th quarter. Lebenthal Global Advisors LLC now owns 521,216 shares of the company’s stock valued at $47,639,000 after purchasing an additional 155,262 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 100.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 160,700 shares of the company’s stock valued at $12,872,000 after purchasing an additional 80,700 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at $3,330,000.

Fidelity NASDAQ Composite Index ETF Stock Down 0.7%

NASDAQ:ONEQ opened at $102.76 on Tuesday. Fidelity NASDAQ Composite Index ETF has a 1-year low of $73.11 and a 1-year high of $105.12. The firm has a market capitalization of $10.45 billion, a price-to-earnings ratio of 28.20 and a beta of 1.21. The stock has a fifty day simple moving average of $92.59 and a 200 day simple moving average of $91.77.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 20th were paid a $0.111 dividend. This represents a $0.44 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was 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.