Fidelity NASDAQ Composite Index ETF $ONEQ Stock Holdings Reduced by Commonwealth Financial Services LLC

by · The Markets Daily

Commonwealth Financial Services LLC lowered its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ – Free Report) by 5.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 166,445 shares of the company’s stock after selling 8,686 shares during the period. Fidelity NASDAQ Composite Index ETF accounts for 3.1% of Commonwealth Financial Services LLC’s holdings, making the stock its 9th biggest position. Commonwealth Financial Services LLC owned 0.16% of Fidelity NASDAQ Composite Index ETF worth $17,617,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. FOCUS Wealth Advisors LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF in the second quarter worth about $11,775,000. Coastline Complete Wealth LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF during the first quarter worth about $8,602,000. Kestra Advisory Services LLC boosted its position in Fidelity NASDAQ Composite Index ETF by 21.4% in the 1st quarter. Kestra Advisory Services LLC now owns 510,241 shares of the company’s stock worth $43,325,000 after purchasing an additional 89,794 shares in the last quarter. Gateway Wealth Partners LLC boosted its position in Fidelity NASDAQ Composite Index ETF by 131.0% in the 1st quarter. Gateway Wealth Partners LLC now owns 96,266 shares of the company’s stock worth $8,174,000 after purchasing an additional 54,591 shares in the last quarter. Finally, Secure Asset Management LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF in the 2nd quarter valued at $3,823,000.

Fidelity NASDAQ Composite Index ETF Trading Up 0.1%

Shares of Fidelity NASDAQ Composite Index ETF stock traded up $0.13 during trading hours on Tuesday, reaching $104.25. The stock had a trading volume of 231,329 shares, compared to its average volume of 334,948. The stock’s 50 day moving average is $104.91 and its 200 day moving average is $101.84. Fidelity NASDAQ Composite Index ETF has a twelve month low of $81.45 and a twelve month high of $109.24. The firm has a market capitalization of $10.79 billion, a PE ratio of 28.20 and a beta of 1.22.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Friday, September 18th were paid a $0.1120 dividend. The ex-dividend date of this dividend was Friday, September 18th. This represents a $0.45 annualized dividend and a yield of 0.4%. This is a decrease from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.1430.

Fidelity NASDAQ Composite Index ETF Company Profile

(Free Report)

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.

Read More