Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Shares Purchased by TCP Asset Management LLC

TCP Asset Management LLC grew its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 39.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 264,924 shares of the company’s stock after acquiring an additional 75,178 shares during the period. Fidelity NASDAQ Composite Index ETF accounts for approximately 4.5% of TCP Asset Management LLC’s investment portfolio, making the stock its 6th biggest holding. TCP Asset Management LLC owned approximately 0.28% of Fidelity NASDAQ Composite Index ETF worth $17,061,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in ONEQ. CENTRAL TRUST Co bought a new position in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth about $34,000. Northwest Investment Counselors LLC bought a new position in Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at about $52,000. Keener Financial Planning LLC bought a new position in Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at about $61,000. GAMMA Investing LLC bought a new position in Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at about $85,000. Finally, Larson Financial Group LLC lifted its position in Fidelity NASDAQ Composite Index ETF by 21.4% in the 4th quarter. Larson Financial Group LLC now owns 1,447 shares of the company’s stock valued at $86,000 after acquiring an additional 255 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Up 1.0 %

NASDAQ ONEQ traded up $0.69 during trading hours on Wednesday, hitting $71.62. The company’s stock had a trading volume of 200,753 shares, compared to its average volume of 256,293. Fidelity NASDAQ Composite Index ETF has a 52 week low of $49.41 and a 52 week high of $71.65. The company has a market capitalization of $6.80 billion, a PE ratio of 33.60 and a beta of 1.13. The company’s 50-day simple moving average is $66.66 and its two-hundred day simple moving average is $63.47.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Investors of record on Friday, June 21st were given a $0.105 dividend. The ex-dividend date was Friday, June 21st. This represents a $0.42 annualized dividend and a yield of 0.59%.

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.