KFA Private Wealth Group LLC Buys 30,268 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

KFA Private Wealth Group LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 208.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 44,797 shares of the company’s stock after acquiring an additional 30,268 shares during the period. Fidelity NASDAQ Composite Index ETF accounts for about 0.9% of KFA Private Wealth Group LLC’s portfolio, making the stock its 21st largest position. KFA Private Wealth Group LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $3,804,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC increased its stake in Fidelity NASDAQ Composite Index ETF by 72.6% in the fourth quarter. Brighton Jones LLC now owns 5,117 shares of the company’s stock valued at $389,000 after purchasing an additional 2,153 shares in the last quarter. AQR Capital Management LLC acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at about $475,000. Integrated Wealth Concepts LLC grew its stake in shares of Fidelity NASDAQ Composite Index ETF by 11.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 5,072 shares of the company’s stock valued at $345,000 after buying an additional 525 shares during the period. Jane Street Group LLC bought a new stake in Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at about $3,330,000. Finally, Marshall Wace LLP bought a new stake in Fidelity NASDAQ Composite Index ETF in the 2nd quarter valued at about $335,000.

Fidelity NASDAQ Composite Index ETF Stock Performance

ONEQ stock opened at $100.36 on Thursday. The stock’s 50 day simple moving average is $101.48 and its 200 day simple moving average is $94.11. The company has a market cap of $10.21 billion, a P/E ratio of 28.20 and a beta of 1.21. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $78.32 and a fifty-two week high of $107.07.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a dividend of $0.143 per share. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. This represents a $0.57 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Thursday, June 18th.

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. 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.