Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Hits New 52-Week High – What’s Next?

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) hit a new 52-week high during trading on Monday . The stock traded as high as $79.44 and last traded at $79.44, with a volume of 473 shares. The stock had previously closed at $78.69.

Fidelity NASDAQ Composite Index ETF Stock Performance

The firm has a 50 day simple moving average of $74.86 and a 200 day simple moving average of $71.36. The firm has a market cap of $7.63 billion, a P/E ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Dividend Announcement

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

Institutional Trading of Fidelity NASDAQ Composite Index ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. B. Riley Wealth Advisors Inc. raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 6.4% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 13,333 shares of the company’s stock valued at $953,000 after acquiring an additional 799 shares in the last quarter. Brass Tax Wealth Management Inc. purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 3rd quarter valued at about $366,000. Synovus Financial Corp raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 108.1% in the 3rd quarter. Synovus Financial Corp now owns 8,325 shares of the company’s stock valued at $596,000 after acquiring an additional 4,325 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 77.0% in the 3rd quarter. Sanctuary Advisors LLC now owns 11,702 shares of the company’s stock valued at $877,000 after acquiring an additional 5,090 shares in the last quarter. Finally, MML Investors Services LLC raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 25.5% in the 3rd quarter. MML Investors Services LLC now owns 28,946 shares of the company’s stock valued at $2,073,000 after acquiring an additional 5,879 shares in the last quarter.

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.