Sowell Financial Services LLC Has $801,000 Stock Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Sowell Financial Services LLC cut its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 8.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,530 shares of the company’s stock after selling 927 shares during the quarter. Sowell Financial Services LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $801,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. FMR LLC grew its holdings in shares of Fidelity NASDAQ Composite Index ETF by 12.7% during the 3rd quarter. FMR LLC now owns 912,041 shares of the company’s stock worth $65,302,000 after purchasing an additional 102,970 shares in the last quarter. LJI Wealth Management LLC increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 2.5% in the third quarter. LJI Wealth Management LLC now owns 376,823 shares of the company’s stock valued at $26,980,000 after purchasing an additional 9,343 shares in the last quarter. Prasad Wealth Partners LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth $27,004,000. TCP Asset Management LLC raised its holdings in Fidelity NASDAQ Composite Index ETF by 2.0% during the 4th quarter. TCP Asset Management LLC now owns 291,545 shares of the company’s stock worth $22,175,000 after purchasing an additional 5,685 shares during the last quarter. Finally, Heck Capital Advisors LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth approximately $18,258,000.

Fidelity NASDAQ Composite Index ETF Stock Down 4.0 %

ONEQ stock opened at $68.73 on Tuesday. Fidelity NASDAQ Composite Index ETF has a twelve month low of $59.98 and a twelve month high of $79.75. The business’s fifty day moving average is $76.34 and its 200-day moving average is $74.38. The company has a market cap of $6.88 billion, a P/E ratio of 29.43 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business 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. The ex-dividend date was Friday, December 20th. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.98%.

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.