Activest Wealth Management Invests $2.11 Million in Fidelity NASDAQ Composite Index ETF $ONEQ

Activest Wealth Management bought a new position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 31,054 shares of the company’s stock, valued at approximately $2,114,000. Fidelity NASDAQ Composite Index ETF makes up about 0.6% of Activest Wealth Management’s holdings, making the stock its 25th largest holding.

A number of other large investors have also bought and sold shares of the business. Accredited Investors Inc. grew its position in Fidelity NASDAQ Composite Index ETF by 3.8% during the 1st quarter. Accredited Investors Inc. now owns 4,930 shares of the company’s stock worth $336,000 after acquiring an additional 180 shares during the last quarter. Financial Partners Group Inc grew its position in Fidelity NASDAQ Composite Index ETF by 1.4% during the 1st quarter. Financial Partners Group Inc now owns 15,341 shares of the company’s stock worth $1,044,000 after acquiring an additional 213 shares during the last quarter. Lane & Associates LLC grew its position in Fidelity NASDAQ Composite Index ETF by 1.8% during the 1st quarter. Lane & Associates LLC now owns 14,023 shares of the company’s stock worth $954,000 after acquiring an additional 245 shares during the last quarter. Brass Tax Wealth Management Inc. grew its position in Fidelity NASDAQ Composite Index ETF by 3.1% during the 1st quarter. Brass Tax Wealth Management Inc. now owns 11,513 shares of the company’s stock worth $784,000 after acquiring an additional 349 shares during the last quarter. Finally, Grandview Asset Management LLC grew its position in Fidelity NASDAQ Composite Index ETF by 5.0% during the 1st quarter. Grandview Asset Management LLC now owns 7,768 shares of the company’s stock worth $529,000 after acquiring an additional 372 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Price Performance

NASDAQ ONEQ opened at $84.48 on Friday. The firm has a market cap of $8.49 billion, a PE ratio of 28.20 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a one year low of $58.12 and a one year high of $85.81. The stock’s 50 day simple moving average is $82.43 and its 200 day simple moving average is $75.40.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Friday, June 20th were given a dividend of $0.118 per share. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.09. The ex-dividend date was Friday, June 20th. This represents a $0.47 dividend on an annualized basis and a yield of 0.6%.

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.