Arkansas Financial Group Inc. Has $3.51 Million Stock Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Arkansas Financial Group Inc. raised its position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,160 shares of the company’s stock after acquiring an additional 1,049 shares during the period. Arkansas Financial Group Inc.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $3,511,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cedar Point Capital Partners LLC boosted its stake in shares of Fidelity NASDAQ Composite Index ETF by 0.3% in the fourth quarter. Cedar Point Capital Partners LLC now owns 43,173 shares of the company’s stock valued at $3,284,000 after buying an additional 134 shares during the period. Mutual Advisors LLC lifted its position in shares of Fidelity NASDAQ Composite Index ETF by 7.6% during the 4th quarter. Mutual Advisors LLC now owns 4,829 shares of the company’s stock valued at $368,000 after acquiring an additional 342 shares during the period. Independent Wealth Network Inc. acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth $1,762,000. Janney Montgomery Scott LLC raised its stake in Fidelity NASDAQ Composite Index ETF by 16.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 6,287 shares of the company’s stock valued at $478,000 after purchasing an additional 905 shares in the last quarter. Finally, Beaumont Financial Advisors LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 3.8% in the 4th quarter. Beaumont Financial Advisors LLC now owns 8,123 shares of the company’s stock valued at $618,000 after buying an additional 300 shares during the period.

Fidelity NASDAQ Composite Index ETF Trading Up 0.2 %

NASDAQ ONEQ opened at $78.99 on Friday. The firm’s 50 day simple moving average is $76.81 and its 200 day simple moving average is $72.72. The firm has a market capitalization of $7.88 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 $59.71 and a 1 year high of $79.75.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were paid a $0.168 dividend. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Friday, December 20th. This represents a $0.67 annualized dividend and a dividend yield of 0.85%.

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.