Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Hits New 1-Year High – Here’s What Happened

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) shares hit a new 52-week high on Friday . The company traded as high as $73.65 and last traded at $73.53, with a volume of 64481 shares changing hands. The stock had previously closed at $72.50.

Fidelity NASDAQ Composite Index ETF Stock Performance

The company’s 50-day moving average price is $70.39 and its 200-day moving average price is $68.18. The firm has a market capitalization of $7.05 billion, a PE ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Friday, September 20th were given a $0.113 dividend. The ex-dividend date was Friday, September 20th. This represents a $0.45 dividend on an annualized basis and a yield of 0.62%.

Institutional Trading of Fidelity NASDAQ Composite Index ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Raymond James & Associates increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 0.5% during the second quarter. Raymond James & Associates now owns 30,087 shares of the company’s stock worth $2,104,000 after acquiring an additional 144 shares during the period. Paragon Capital Management Inc. increased its position in Fidelity NASDAQ Composite Index ETF by 1.5% during the 3rd quarter. Paragon Capital Management Inc. now owns 10,935 shares of the company’s stock worth $783,000 after purchasing an additional 159 shares during the period. Verity Asset Management Inc. increased its position in Fidelity NASDAQ Composite Index ETF by 4.5% during the 1st quarter. Verity Asset Management Inc. now owns 5,944 shares of the company’s stock worth $383,000 after purchasing an additional 257 shares during the period. EP Wealth Advisors LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 4.5% during the 1st quarter. EP Wealth Advisors LLC now owns 6,900 shares of the company’s stock worth $444,000 after buying an additional 300 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of Fidelity NASDAQ Composite Index ETF by 9.8% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,847 shares of the company’s stock valued at $269,000 after buying an additional 344 shares in the last quarter.

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.