Foundations Investment Advisors LLC Purchases Shares of 32,520 Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Foundations Investment Advisors LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 32,520 shares of the company’s stock, valued at approximately $2,473,000.

Several other hedge funds and other institutional investors have also made changes to their positions in ONEQ. FMR LLC raised its position in shares of 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 buying an additional 102,970 shares in the last quarter. LJI Wealth Management LLC raised its holdings in Fidelity NASDAQ Composite Index ETF by 2.5% during the third quarter. LJI Wealth Management LLC now owns 376,823 shares of the company’s stock worth $26,980,000 after purchasing an additional 9,343 shares in the last quarter. TCP Asset Management LLC lifted its position in Fidelity NASDAQ Composite Index ETF by 2.0% in the fourth quarter. TCP Asset Management LLC now owns 291,545 shares of the company’s stock worth $22,175,000 after purchasing an additional 5,685 shares during the period. David Kennon Inc boosted its stake in Fidelity NASDAQ Composite Index ETF by 0.5% during the 3rd quarter. David Kennon Inc now owns 250,215 shares of the company’s stock valued at $17,915,000 after purchasing an additional 1,187 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Fidelity NASDAQ Composite Index ETF by 13.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 114,493 shares of the company’s stock valued at $8,198,000 after purchasing an additional 13,171 shares during the period.

Fidelity NASDAQ Composite Index ETF Stock Performance

ONEQ opened at $77.72 on Wednesday. The stock’s fifty day moving average is $77.02 and its 200-day moving average is $72.83. Fidelity NASDAQ Composite Index ETF has a one year low of $59.71 and a one year high of $79.75. The company has a market capitalization of $7.76 billion, a PE ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were issued a $0.168 dividend. This represents a $0.67 dividend on an annualized basis and a yield of 0.86%. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Friday, December 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.