J.W. Cole Advisors Inc. Acquires 7,267 Shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

J.W. Cole Advisors Inc. boosted its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 72.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 17,258 shares of the company’s stock after purchasing an additional 7,267 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,207,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ONEQ. Thurston Springer Miller Herd & Titak Inc. bought a new position in Fidelity NASDAQ Composite Index ETF in the 2nd quarter worth approximately $38,000. Northwest Investment Counselors LLC bought a new position in Fidelity NASDAQ Composite Index ETF in the 1st quarter worth approximately $52,000. CENTRAL TRUST Co boosted its stake in Fidelity NASDAQ Composite Index ETF by 68.2% in the 1st quarter. CENTRAL TRUST Co now owns 977 shares of the company’s stock worth $63,000 after purchasing an additional 396 shares during the period. International Assets Investment Management LLC bought a new position in Fidelity NASDAQ Composite Index ETF in the 2nd quarter worth approximately $69,000. Finally, GAMMA Investing LLC boosted its stake in Fidelity NASDAQ Composite Index ETF by 62.9% in the 2nd quarter. GAMMA Investing LLC now owns 2,331 shares of the company’s stock worth $163,000 after purchasing an additional 900 shares during the period.

Fidelity NASDAQ Composite Index ETF Price Performance

ONEQ stock opened at $69.78 on Monday. 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 market capitalization of $6.76 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13. The business has a 50 day simple moving average of $68.98 and a two-hundred day simple moving average of $66.72.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

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

About Fidelity NASDAQ Composite Index ETF

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.