Fisher Asset Management LLC Decreases Stock Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Fisher Asset Management LLC reduced its position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 7.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 809,409 shares of the company’s stock after selling 62,825 shares during the period. Fisher Asset Management LLC owned about 0.81% of Fidelity NASDAQ Composite Index ETF worth $61,564,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in ONEQ. Prasad Wealth Partners LLC purchased a new position in Fidelity NASDAQ Composite Index ETF in the 4th quarter worth approximately $27,004,000. Heck Capital Advisors LLC bought a new stake in Fidelity NASDAQ Composite Index ETF in the 4th quarter worth approximately $18,258,000. Lebenthal Global Advisors LLC grew its position in Fidelity NASDAQ Composite Index ETF by 5,046.0% in the 4th quarter. Lebenthal Global Advisors LLC now owns 188,653 shares of the company’s stock worth $14,349,000 after purchasing an additional 184,987 shares during the period. FMR LLC grew its position in Fidelity NASDAQ Composite Index ETF by 12.7% in 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 during the period. Finally, Spire Wealth Management bought a new stake in Fidelity NASDAQ Composite Index ETF in the 4th quarter worth approximately $6,558,000.

Fidelity NASDAQ Composite Index ETF Trading Up 1.6 %

NASDAQ:ONEQ opened at $74.26 on Friday. Fidelity NASDAQ Composite Index ETF has a 12 month low of $59.98 and a 12 month high of $79.75. The company has a market cap of $7.42 billion, a PE ratio of 33.15 and a beta of 1.13. The company has a 50 day simple moving average of $77.14 and a two-hundred day simple moving average of $74.27.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were given a $0.168 dividend. This represents a $0.67 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date was Friday, December 20th. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11.

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.