Hollencrest Capital Management Has $15.34 Million Stock Position in Fidelity NASDAQ Composite Index ETF $ONEQ

Hollencrest Capital Management reduced its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 3.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 172,157 shares of the company’s stock after selling 6,204 shares during the period. Hollencrest Capital Management’s holdings in Fidelity NASDAQ Composite Index ETF were worth $15,344,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Brighton Jones LLC lifted its position in shares of 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 worth $389,000 after purchasing an additional 2,153 shares in the last quarter. AQR Capital Management LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF in the 1st quarter worth approximately $475,000. Integrated Wealth Concepts LLC boosted its stake in shares of Fidelity NASDAQ Composite Index ETF by 11.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 5,072 shares of the company’s stock valued at $345,000 after buying an additional 525 shares during the period. Jane Street Group LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the 1st quarter valued at $3,330,000. Finally, Park Avenue Securities LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the 2nd quarter valued at $249,000.

Fidelity NASDAQ Composite Index ETF Trading Up 0.2%

Shares of NASDAQ:ONEQ opened at $93.83 on Thursday. The firm has a market cap of $9.55 billion, a price-to-earnings ratio of 28.20 and a beta of 1.15. Fidelity NASDAQ Composite Index ETF has a 1 year low of $58.12 and a 1 year high of $94.49. The business has a fifty day simple moving average of $91.89 and a 200 day simple moving average of $88.80.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were issued a $0.147 dividend. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14. This represents a $0.59 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Friday, December 19th.

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.