IFP Advisors Inc Grows Stake in Fidelity NASDAQ Composite Index ETF $ONEQ

IFP Advisors Inc boosted its position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 96.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,371 shares of the company’s stock after purchasing an additional 13,473 shares during the quarter. IFP Advisors Inc’s holdings in Fidelity NASDAQ Composite Index ETF were worth $2,502,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Flagship Harbor Advisors LLC purchased a new position in Fidelity NASDAQ Composite Index ETF during the 4th quarter worth $26,000. Newbridge Financial Services Group Inc. increased its holdings in Fidelity NASDAQ Composite Index ETF by 57.9% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 341 shares of the company’s stock worth $31,000 after purchasing an additional 125 shares during the period. Clearstead Advisors LLC purchased a new position in Fidelity NASDAQ Composite Index ETF during the 3rd quarter worth $34,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Fidelity NASDAQ Composite Index ETF by 442.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 380 shares of the company’s stock worth $35,000 after purchasing an additional 310 shares during the period. Finally, Assetmark Inc. increased its holdings in Fidelity NASDAQ Composite Index ETF by 31.2% during the 3rd quarter. Assetmark Inc. now owns 505 shares of the company’s stock worth $45,000 after purchasing an additional 120 shares during the period.

Fidelity NASDAQ Composite Index ETF Stock Down 0.1%

ONEQ opened at $103.36 on Friday. Fidelity NASDAQ Composite Index ETF has a 52 week low of $73.11 and a 52 week high of $105.12. The stock’s fifty day moving average is $93.43 and its two-hundred day moving average is $91.97. The company has a market capitalization of $10.51 billion, a P/E ratio of 28.20 and a beta of 1.21.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th were issued a $0.111 dividend. The ex-dividend date was Friday, March 20th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.4%.

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.