JPMorgan Chase & Co. Boosts Holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

JPMorgan Chase & Co. boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 13.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 114,493 shares of the company’s stock after buying an additional 13,171 shares during the quarter. JPMorgan Chase & Co.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $8,198,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FMR LLC lifted its stake in Fidelity NASDAQ Composite Index ETF by 12.7% in the 3rd quarter. FMR LLC now owns 912,041 shares of the company’s stock valued at $65,302,000 after buying an additional 102,970 shares in the last quarter. AE Wealth Management LLC grew its position in shares of Fidelity NASDAQ Composite Index ETF by 45.9% in the second quarter. AE Wealth Management LLC now owns 270,419 shares of the company’s stock valued at $18,910,000 after purchasing an additional 85,105 shares in the last quarter. Thoroughbred Financial Services LLC increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 18.0% in the second quarter. Thoroughbred Financial Services LLC now owns 8,392 shares of the company’s stock valued at $586,000 after purchasing an additional 1,279 shares during the last quarter. Madison Wealth Partners Inc lifted its position in Fidelity NASDAQ Composite Index ETF by 2.4% during the second quarter. Madison Wealth Partners Inc now owns 241,528 shares of the company’s stock worth $16,890,000 after buying an additional 5,561 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its stake in Fidelity NASDAQ Composite Index ETF by 7,059.0% during the third quarter. International Assets Investment Management LLC now owns 70,731 shares of the company’s stock worth $50,640,000 after buying an additional 69,743 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Down 0.3 %

Shares of NASDAQ:ONEQ opened at $75.03 on Wednesday. Fidelity NASDAQ Composite Index ETF has a 52-week low of $57.95 and a 52-week high of $79.75. The business has a fifty day moving average of $76.62 and a two-hundred day moving average of $72.48. The stock has a market cap of $7.44 billion, a P/E ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were given a dividend of $0.168 per share. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. This represents a $0.67 annualized dividend and a yield of 0.90%. The ex-dividend date was Friday, December 20th.

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.