Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Hits New 52-Week High – What’s Next?

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)’s stock price reached a new 52-week high on Monday . The company traded as high as $79.44 and last traded at $79.44, with a volume of 473 shares traded. The stock had previously closed at $78.69.

Fidelity NASDAQ Composite Index ETF Stock Performance

The stock has a 50-day moving average of $74.86 and a two-hundred day moving average of $71.36. The company has a market cap of $7.63 billion, a P/E ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Friday, September 20th were given a $0.113 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $0.45 dividend on an annualized basis and a yield of 0.57%.

Institutional Trading of Fidelity NASDAQ Composite Index ETF

A number of hedge funds have recently bought and sold shares of ONEQ. Elevation Capital Advisory LLC bought a new stake in Fidelity NASDAQ Composite Index ETF in the 2nd quarter worth approximately $10,691,000. FMR LLC lifted 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 buying an additional 102,970 shares during the last quarter. AE Wealth Management LLC lifted its position in Fidelity NASDAQ Composite Index ETF by 45.9% in the 2nd quarter. AE Wealth Management LLC now owns 270,419 shares of the company’s stock worth $18,910,000 after buying an additional 85,105 shares during the last quarter. International Assets Investment Management LLC lifted its position in Fidelity NASDAQ Composite Index ETF by 7,059.0% in the 3rd quarter. International Assets Investment Management LLC now owns 70,731 shares of the company’s stock worth $50,640,000 after buying an additional 69,743 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in Fidelity NASDAQ Composite Index ETF by 3.8% in the second quarter. Commonwealth Equity Services LLC now owns 1,282,903 shares of the company’s stock valued at $89,713,000 after purchasing an additional 47,031 shares during 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.