Summit X LLC Lowers Stock Holdings in Fidelity NASDAQ Composite Index ETF $ONEQ

Summit X LLC cut its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 43.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,499 shares of the company’s stock after selling 7,353 shares during the period. Summit X LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $761,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. IMA Advisory Services Inc. acquired a new position in Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at $26,000. Iron Horse Wealth Management LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF during the first quarter worth about $28,000. DHJJ Financial Advisors Ltd. raised its holdings in Fidelity NASDAQ Composite Index ETF by 531.7% during the second quarter. DHJJ Financial Advisors Ltd. now owns 379 shares of the company’s stock worth $30,000 after purchasing an additional 319 shares in the last quarter. WPG Advisers LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF in the first quarter valued at about $32,000. Finally, Cape Investment Advisory Inc. increased its position in Fidelity NASDAQ Composite Index ETF by 621.7% during the 1st quarter. Cape Investment Advisory Inc. now owns 599 shares of the company’s stock worth $41,000 after purchasing an additional 516 shares during the period.

Fidelity NASDAQ Composite Index ETF Price Performance

ONEQ opened at $90.45 on Friday. The business has a 50 day simple moving average of $89.17 and a 200-day simple moving average of $82.19. Fidelity NASDAQ Composite Index ETF has a 12 month low of $58.12 and a 12 month high of $94.49. The stock has a market capitalization of $9.14 billion, a P/E ratio of 28.20 and a beta of 1.15.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Friday, September 19th were issued a dividend of $0.137 per share. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.12. This represents a $0.55 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, September 19th.

Fidelity NASDAQ Composite Index ETF 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.