Kovack Advisors Inc. Decreases Stock Holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Kovack Advisors Inc. cut its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 3.9% in the third quarter, HoldingsChannel reports. The firm owned 4,920 shares of the company’s stock after selling 200 shares during the quarter. Kovack Advisors Inc.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $352,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ONEQ. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Fidelity NASDAQ Composite Index ETF in the 2nd quarter worth $38,000. Northwest Investment Counselors LLC purchased a new position in Fidelity NASDAQ Composite Index ETF in the third quarter worth about $57,000. International Assets Investment Management LLC bought a new stake in Fidelity NASDAQ Composite Index ETF during the second quarter worth approximately $69,000. Ashton Thomas Securities LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF during the third quarter valued at approximately $107,000. Finally, GAMMA Investing LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 62.9% in the 2nd quarter. GAMMA Investing LLC now owns 2,331 shares of the company’s stock valued at $163,000 after purchasing an additional 900 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of Fidelity NASDAQ Composite Index ETF stock opened at $73.63 on Friday. The stock has a 50 day moving average price of $71.84 and a 200-day moving average price of $69.42. Fidelity NASDAQ Composite Index ETF has a one year low of $55.40 and a one year high of $76.37. The stock has a market cap of $7.08 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13.

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 dividend of $0.113 per share. This represents a $0.45 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date was Friday, September 20th.

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.