IFP Advisors Inc Has $1.06 Million Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

IFP Advisors Inc increased its position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 23.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,898 shares of the company’s stock after acquiring an additional 2,620 shares during the period. IFP Advisors Inc’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,057,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Delta Financial Group Inc. bought a new stake in Fidelity NASDAQ Composite Index ETF during the fourth quarter worth $434,000. Variant Private Wealth LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth $2,457,000. Lane & Associates LLC lifted its position in shares of Fidelity NASDAQ Composite Index ETF by 3.9% during the 4th quarter. Lane & Associates LLC now owns 13,778 shares of the company’s stock worth $1,064,000 after buying an additional 523 shares during the last quarter. Private Advisor Group LLC boosted its stake in Fidelity NASDAQ Composite Index ETF by 31.2% in the fourth quarter. Private Advisor Group LLC now owns 29,758 shares of the company’s stock valued at $2,263,000 after buying an additional 7,071 shares in the last quarter. Finally, Gimbal Financial grew its position in Fidelity NASDAQ Composite Index ETF by 4.2% in the fourth quarter. Gimbal Financial now owns 86,694 shares of the company’s stock valued at $6,594,000 after acquiring an additional 3,455 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Down 2.7 %

Shares of NASDAQ ONEQ opened at $73.07 on Friday. The company has a market cap of $7.30 billion, a price-to-earnings ratio of 33.15 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 12 month low of $59.98 and a 12 month high of $79.75. The stock has a 50-day moving average price of $77.20 and a two-hundred day moving average price of $74.16.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were given a dividend of $0.168 per share. This represents a $0.67 dividend on an annualized basis and a yield of 0.92%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Friday, December 20th.

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.