Kestra Advisory Services LLC Raises Stock Position in Fidelity NASDAQ Composite Index ETF $ONEQ

Kestra Advisory Services LLC lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 21.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 510,241 shares of the company’s stock after acquiring an additional 89,794 shares during the quarter. Kestra Advisory Services LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $43,325,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 72.6% in the 4th quarter. Brighton Jones LLC now owns 5,117 shares of the company’s stock valued at $389,000 after purchasing an additional 2,153 shares in the last quarter. AQR Capital Management LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the first quarter worth about $475,000. Integrated Wealth Concepts LLC boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 11.5% in the first quarter. Integrated Wealth Concepts LLC now owns 5,072 shares of the company’s stock worth $345,000 after buying an additional 525 shares during the period. Jane Street Group LLC acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF in the first quarter valued at about $3,330,000. Finally, Marshall Wace LLP acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF in the second quarter valued at about $335,000.

Fidelity NASDAQ Composite Index ETF Stock Performance

NASDAQ:ONEQ opened at $103.23 on Friday. The company has a market capitalization of $10.69 billion, a price-to-earnings ratio of 28.20 and a beta of 1.21. Fidelity NASDAQ Composite Index ETF has a one year low of $80.61 and a one year high of $107.07. The stock has a 50-day simple moving average of $102.75 and a 200 day simple moving average of $94.89.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a dividend of $0.143 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.57 dividend on an annualized basis and a yield of 0.6%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11.

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. The Fund uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire the Index.