Foundations Investment Advisors LLC Invests $2.47 Million in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Foundations Investment Advisors LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 32,520 shares of the company’s stock, valued at approximately $2,473,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ONEQ. Geneos Wealth Management Inc. bought a new position in shares of Fidelity NASDAQ Composite Index ETF in the 4th quarter worth about $51,000. Fifth Third Bancorp bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter valued at about $38,000. Brighton Jones LLC raised its stake in Fidelity NASDAQ Composite Index ETF by 72.6% during the fourth quarter. Brighton Jones LLC now owns 5,117 shares of the company’s stock worth $389,000 after acquiring an additional 2,153 shares during the period. Secure Asset Management LLC bought a new position in Fidelity NASDAQ Composite Index ETF in the fourth quarter worth about $690,000. Finally, Arkansas Financial Group Inc. boosted its stake in Fidelity NASDAQ Composite Index ETF by 2.3% in the fourth quarter. Arkansas Financial Group Inc. now owns 46,160 shares of the company’s stock valued at $3,511,000 after acquiring an additional 1,049 shares during the period.

Fidelity NASDAQ Composite Index ETF Trading Up 2.1 %

NASDAQ:ONEQ opened at $77.72 on Wednesday. The firm 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 has a 52 week low of $59.71 and a 52 week high of $79.75. The stock has a 50 day moving average of $77.02 and a 200-day moving average of $72.83.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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

About Fidelity NASDAQ Composite Index ETF

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.