Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Sees Strong Trading Volume

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) shares saw strong trading volume on Monday . 437,946 shares changed hands during trading, an increase of 64% from the previous session’s volume of 266,575 shares.The stock last traded at $63.42 and had previously closed at $66.17.

Fidelity NASDAQ Composite Index ETF Stock Down 4.1 %

The firm has a market capitalization of $6.15 billion, a P/E ratio of 33.60 and a beta of 1.13. The business has a 50-day moving average price of $69.50 and a 200-day moving average price of $65.37.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 25th. Stockholders of record on Friday, June 21st were paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date of this dividend was Friday, June 21st.

Institutional Trading of Fidelity NASDAQ Composite Index ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. CENTRAL TRUST Co acquired a new position in Fidelity NASDAQ Composite Index ETF during the fourth quarter valued at approximately $34,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Fidelity NASDAQ Composite Index ETF in the 2nd quarter valued at $38,000. Northwest Investment Counselors LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at $52,000. Keener Financial Planning LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF during the 4th quarter worth $61,000. Finally, International Assets Investment Management LLC bought a new position in Fidelity NASDAQ Composite Index ETF during the second quarter worth about $69,000.

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.