Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Reaches New 52-Week High – Should You Buy?

Posted by Mitch Edgeman on Dec 2nd, 2024

Shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ – Get Free Report) hit a new 52-week high on Monday . The company traded as high as $76.50 and last traded at $76.45, with a volume of 55212 shares. The stock had previously closed at $75.82.

Fidelity NASDAQ Composite Index ETF Stock Up 0.8 %

The firm has a market cap of $7.35 billion, a PE ratio of 33.60 and a beta of 1.13. The stock has a 50 day moving average price of $73.18 and a two-hundred day moving average price of $70.36.

Fidelity NASDAQ Composite Index ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Friday, September 20th were paid a dividend of $0.113 per share. The ex-dividend date was Friday, September 20th. This represents a $0.45 dividend on an annualized basis and a dividend yield of 0.59%.

Institutional Investors Weigh In On Fidelity NASDAQ Composite Index ETF

Large investors have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Fidelity NASDAQ Composite Index ETF in the second quarter valued at approximately $38,000. Northwest Investment Counselors LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF in the third quarter valued at approximately $57,000. International Assets Investment Management LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF in the second quarter valued at approximately $69,000. Darwin Wealth Management LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF in the third quarter valued at approximately $78,000. Finally, Ashton Thomas Securities LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF in the third quarter valued at approximately $107,000.

About Fidelity NASDAQ Composite Index ETF

(Get Free Report)

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.