Kestra Advisory Services LLC boosted its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ – Free Report) by 9.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 587,051 shares of the company’s stock after buying an additional 51,334 shares during the period. Kestra Advisory Services LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $62,133,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Montgomery Financial Services LLC purchased a new position in Fidelity NASDAQ Composite Index ETF during the second quarter worth $36,000. Investors Research Corp bought a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 2nd quarter worth about $38,000. Foresight Capital Management Advisors Inc. bought a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 3rd quarter worth about $45,000. Schuylkill Financial LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the 2nd quarter worth about $49,000. Finally, Allied Private Wealth LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the 2nd quarter worth about $52,000.
Fidelity NASDAQ Composite Index ETF Trading Down 5.6%
Shares of NASDAQ:ONEQ opened at $95.81 on Friday. The company has a market capitalization of $9.99 billion, a price-to-earnings ratio of 25.90 and a beta of 1.23. Fidelity NASDAQ Composite Index ETF has a 12 month low of $81.45 and a 12 month high of $109.24. The firm’s 50-day moving average is $104.42 and its 200 day moving average is $98.74.
Fidelity NASDAQ Composite Index ETF Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Friday, September 18th were given a dividend of $0.1120 per share. This represents a $0.45 annualized dividend and a dividend yield of 0.5%. This is a drop from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.1430. The ex-dividend date was Friday, September 18th.
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. 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.
Recommended Stories
- Five stocks we like better than Fidelity NASDAQ Composite Index ETF
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Want to see what other hedge funds are holding ONEQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ – Free Report).
Receive News & Ratings for Fidelity NASDAQ Composite Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity NASDAQ Composite Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
