IFP Advisors Inc Acquires 13,473 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

IFP Advisors Inc increased its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 96.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 27,371 shares of the company’s stock after acquiring an additional 13,473 shares during the period. IFP Advisors Inc’s holdings in Fidelity NASDAQ Composite Index ETF were worth $2,502,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Assetmark Inc. lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 31.2% during the 3rd quarter. Assetmark Inc. now owns 505 shares of the company’s stock worth $45,000 after acquiring an additional 120 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 0.6% during the 3rd quarter. Private Advisor Group LLC now owns 19,862 shares of the company’s stock worth $1,770,000 after acquiring an additional 123 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 57.9% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 341 shares of the company’s stock worth $31,000 after acquiring an additional 125 shares during the last quarter. Moors & Cabot Inc. lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 0.3% during the 3rd quarter. Moors & Cabot Inc. now owns 48,648 shares of the company’s stock worth $4,336,000 after acquiring an additional 136 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 1.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 12,743 shares of the company’s stock worth $1,165,000 after acquiring an additional 213 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of ONEQ stock opened at $103.36 on Friday. The stock has a 50 day moving average price of $93.43 and a 200 day moving average price of $91.97. The firm has a market capitalization of $10.51 billion, a P/E ratio of 28.20 and a beta of 1.21. Fidelity NASDAQ Composite Index ETF has a 52-week low of $73.11 and a 52-week high of $105.12.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

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

Fidelity NASDAQ Composite Index ETF 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.