Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Hits New 12-Month High at $71.04

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $71.04 and last traded at $70.82, with a volume of 61478 shares trading hands. The stock had previously closed at $70.40.

Fidelity NASDAQ Composite Index ETF Price Performance

The firm has a 50-day moving average price of $66.29 and a 200 day moving average price of $63.26. The company has a market cap of $6.64 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

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

Hedge Funds Weigh In On Fidelity NASDAQ Composite Index ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Commonwealth Equity Services LLC grew its position in Fidelity NASDAQ Composite Index ETF by 13.9% during the first quarter. Commonwealth Equity Services LLC now owns 1,235,872 shares of the company’s stock worth $79,590,000 after buying an additional 150,988 shares in the last quarter. FMR LLC grew its position in Fidelity NASDAQ Composite Index ETF by 13.6% during the third quarter. FMR LLC now owns 619,064 shares of the company’s stock worth $32,185,000 after buying an additional 74,067 shares in the last quarter. Kestra Advisory Services LLC grew its position in Fidelity NASDAQ Composite Index ETF by 13.3% during the first quarter. Kestra Advisory Services LLC now owns 437,343 shares of the company’s stock worth $28,165,000 after buying an additional 51,290 shares in the last quarter. Atria Wealth Solutions Inc. grew its position in Fidelity NASDAQ Composite Index ETF by 4.3% during the fourth quarter. Atria Wealth Solutions Inc. now owns 388,901 shares of the company’s stock worth $23,039,000 after buying an additional 16,109 shares in the last quarter. Finally, GUNN & Co INVESTMENT MANAGEMENT INC. grew its position in Fidelity NASDAQ Composite Index ETF by 2,060.5% during the fourth quarter. GUNN & Co INVESTMENT MANAGEMENT INC. now owns 354,382 shares of the company’s stock worth $20,994,000 after buying an additional 337,979 shares in the last quarter.

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.