Focused Wealth Management Inc Takes Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Focused Wealth Management Inc purchased a new position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,941 shares of the company’s stock, valued at approximately $354,000.

Several other hedge funds have also recently bought and sold shares of the company. Elevation Capital Advisory LLC acquired a new position in Fidelity NASDAQ Composite Index ETF during the second quarter worth about $10,691,000. Gimbal Financial increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 3,125.2% during the 2nd quarter. Gimbal Financial now owns 127,654 shares of the company’s stock worth $9,214,000 after purchasing an additional 123,696 shares in the last quarter. AE Wealth Management LLC raised its position in shares of Fidelity NASDAQ Composite Index ETF by 45.9% during the 2nd quarter. AE Wealth Management LLC now owns 270,419 shares of the company’s stock worth $18,910,000 after purchasing an additional 85,105 shares during the last quarter. Cetera Investment Advisers lifted its stake in Fidelity NASDAQ Composite Index ETF by 655.7% in the 1st quarter. Cetera Investment Advisers now owns 82,971 shares of the company’s stock valued at $5,343,000 after buying an additional 71,991 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its stake in shares of Fidelity NASDAQ Composite Index ETF by 7,059.0% during the third quarter. International Assets Investment Management LLC now owns 70,731 shares of the company’s stock valued at $50,640,000 after acquiring an additional 69,743 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

ONEQ opened at $72.63 on Wednesday. The stock has a market capitalization of $6.99 billion, a PE ratio of 33.60 and a beta of 1.13. The company’s 50 day simple moving average is $70.86 and its 200 day simple moving average is $68.84. Fidelity NASDAQ Composite Index ETF has a 1 year low of $52.96 and a 1 year high of $74.00.

Fidelity NASDAQ Composite Index ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Friday, September 20th were given a $0.113 dividend. This represents a $0.45 annualized dividend and a yield of 0.62%. The ex-dividend date of this dividend was Friday, September 20th.

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.