MML Investors Services LLC Boosts Stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

MML Investors Services LLC lifted its position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 25.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,946 shares of the company’s stock after purchasing an additional 5,879 shares during the quarter. MML Investors Services LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $2,073,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in ONEQ. Elevation Capital Advisory LLC acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF in the second quarter valued at approximately $10,691,000. FMR LLC boosted its stake in Fidelity NASDAQ Composite Index ETF by 12.7% during the 3rd quarter. FMR LLC now owns 912,041 shares of the company’s stock worth $65,302,000 after purchasing an additional 102,970 shares during the period. AE Wealth Management LLC grew its position in Fidelity NASDAQ Composite Index ETF by 45.9% during the 2nd quarter. AE Wealth Management LLC now owns 270,419 shares of the company’s stock worth $18,910,000 after purchasing an additional 85,105 shares during the last quarter. International Assets Investment Management LLC increased its stake in Fidelity NASDAQ Composite Index ETF by 7,059.0% in the third quarter. International Assets Investment Management LLC now owns 70,731 shares of the company’s stock valued at $50,640,000 after purchasing an additional 69,743 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in shares of 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 buying an additional 47,031 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of ONEQ opened at $79.61 on Tuesday. The company has a market capitalization of $7.66 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $57.05 and a fifty-two week high of $79.75. The firm has a 50-day simple moving average of $74.71 and a 200-day simple moving average of $71.27.

Fidelity NASDAQ Composite Index ETF Announces Dividend

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

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.