Fidelity NASDAQ Composite Index ETF $ONEQ Shares Sold by Summit X LLC

Summit X LLC lessened its position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 43.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,499 shares of the company’s stock after selling 7,353 shares during the quarter. Summit X LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $761,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. IMA Advisory Services Inc. purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the first quarter valued at about $26,000. Iron Horse Wealth Management LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the 1st quarter worth approximately $28,000. DHJJ Financial Advisors Ltd. raised its position in shares of Fidelity NASDAQ Composite Index ETF by 531.7% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 379 shares of the company’s stock worth $30,000 after purchasing an additional 319 shares during the last quarter. WPG Advisers LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF during the 1st quarter worth approximately $32,000. Finally, Cape Investment Advisory Inc. lifted its stake in Fidelity NASDAQ Composite Index ETF by 621.7% in the 1st quarter. Cape Investment Advisory Inc. now owns 599 shares of the company’s stock valued at $41,000 after buying an additional 516 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of NASDAQ:ONEQ opened at $90.45 on Friday. The business’s fifty day moving average price is $89.17 and its two-hundred day moving average price is $82.19. The stock has a market cap of $9.14 billion, a PE ratio of 28.20 and a beta of 1.15. Fidelity NASDAQ Composite Index ETF has a one year low of $58.12 and a one year high of $94.49.

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 paid a $0.137 dividend. This represents a $0.55 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, September 19th. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.12.

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.