Analyst IMS Investment Management Services Ltd. Sells 10,612 Shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Analyst IMS Investment Management Services Ltd. decreased its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 2.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 506,501 shares of the company’s stock after selling 10,612 shares during the quarter. Fidelity NASDAQ Composite Index ETF comprises 1.6% of Analyst IMS Investment Management Services Ltd.’s holdings, making the stock its 7th largest holding. Analyst IMS Investment Management Services Ltd. owned approximately 0.54% of Fidelity NASDAQ Composite Index ETF worth $30,005,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ONEQ. Global Retirement Partners LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 12.4% in the 4th quarter. Global Retirement Partners LLC now owns 1,626 shares of the company’s stock valued at $96,000 after acquiring an additional 180 shares during the period. Baker Avenue Asset Management LP lifted its stake in Fidelity NASDAQ Composite Index ETF by 6.8% during the third quarter. Baker Avenue Asset Management LP now owns 3,803 shares of the company’s stock worth $198,000 after purchasing an additional 243 shares in the last quarter. Beaumont Financial Advisors LLC boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 3.9% during the fourth quarter. Beaumont Financial Advisors LLC now owns 6,623 shares of the company’s stock worth $392,000 after buying an additional 250 shares during the period. Larson Financial Group LLC grew its stake in shares of Fidelity NASDAQ Composite Index ETF by 21.4% in the fourth quarter. Larson Financial Group LLC now owns 1,447 shares of the company’s stock valued at $86,000 after buying an additional 255 shares in the last quarter. Finally, Grandview Asset Management LLC raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 4.5% in the 4th quarter. Grandview Asset Management LLC now owns 6,261 shares of the company’s stock valued at $371,000 after buying an additional 268 shares during the period.

Fidelity NASDAQ Composite Index ETF Trading Up 0.9 %

ONEQ traded up $0.60 during mid-day trading on Friday, hitting $66.67. 277,408 shares of the stock were exchanged, compared to its average volume of 261,717. The firm’s fifty day moving average is $63.86 and its two-hundred day moving average is $61.05. Fidelity NASDAQ Composite Index ETF has a 1-year low of $49.41 and a 1-year high of $66.95. The company has a market cap of $6.33 billion, a PE ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 18th were given a dividend of $0.112 per share. The ex-dividend date of this dividend was Friday, March 15th. This represents a $0.45 annualized dividend and a dividend yield of 0.67%.

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.