Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Position Lifted by LJI Wealth Management LLC

LJI Wealth Management LLC increased its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 2.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 376,823 shares of the company’s stock after purchasing an additional 9,343 shares during the period. Fidelity NASDAQ Composite Index ETF accounts for 5.5% of LJI Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position. LJI Wealth Management LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $26,980,000 as of its most recent SEC filing.

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

Fidelity NASDAQ Composite Index ETF Price Performance

NASDAQ:ONEQ traded down $1.69 during trading hours on Friday, reaching $73.63. 404,400 shares of the company were exchanged, compared to its average volume of 265,990. The firm has a market cap of $7.08 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13. The stock has a 50 day simple moving average of $72.00 and a 200 day simple moving average of $69.49. Fidelity NASDAQ Composite Index ETF has a 52-week low of $55.40 and a 52-week high of $76.37.

Fidelity NASDAQ Composite Index ETF Dividend Announcement

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. This represents a $0.45 annualized dividend and a dividend yield of 0.61%. The ex-dividend date was Friday, September 20th.

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.