Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Sets New 1-Year High at $71.04

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $71.04 and last traded at $70.82, with a volume of 61478 shares traded. The stock had previously closed at $70.40.

Fidelity NASDAQ Composite Index ETF Stock Down 0.4 %

The firm has a market cap of $6.66 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13. The company has a 50 day moving average of $65.91 and a 200 day moving average of $63.08.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Friday, June 21st were issued a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, June 21st. This represents a $0.42 annualized dividend and a yield of 0.60%.

Hedge Funds Weigh In On Fidelity NASDAQ Composite Index ETF

Several institutional investors and hedge funds have recently made changes to their positions in ONEQ. CENTRAL TRUST Co acquired a new stake in Fidelity NASDAQ Composite Index ETF in the fourth quarter valued at $34,000. Northwest Investment Counselors LLC bought a new position in shares of Fidelity NASDAQ Composite Index ETF during the first quarter worth about $52,000. Keener Financial Planning LLC acquired a new position in Fidelity NASDAQ Composite Index ETF in the fourth quarter worth about $61,000. GAMMA Investing LLC bought a new stake in Fidelity NASDAQ Composite Index ETF in the fourth quarter valued at about $85,000. Finally, Larson Financial Group LLC increased its holdings in 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 during 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.