Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Position Increased by Focus Financial Network Inc.

Focus Financial Network Inc. raised its position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 16.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,134 shares of the company’s stock after buying an additional 710 shares during the quarter. Focus Financial Network Inc.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $365,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Fidelity NASDAQ Composite Index ETF during the second quarter valued at about $38,000. Northwest Investment Counselors LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at about $52,000. CENTRAL TRUST Co increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 68.2% in the 1st quarter. CENTRAL TRUST Co now owns 977 shares of the company’s stock valued at $63,000 after purchasing an additional 396 shares during the period. GAMMA Investing LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at about $85,000. Finally, Larson Financial Group LLC increased its holdings in shares of 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 purchasing an additional 255 shares during the period.

Fidelity NASDAQ Composite Index ETF Stock Up 0.3 %

Shares of ONEQ traded up $0.24 during trading hours on Wednesday, reaching $70.44. The company’s stock had a trading volume of 133,748 shares, compared to its average volume of 275,002. The firm has a market cap of $6.83 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 1-year low of $49.41 and a 1-year high of $73.58. The company has a 50 day moving average of $69.53 and a two-hundred day moving average of $65.91.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

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

Fidelity NASDAQ Composite Index ETF 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.