Migdal Insurance & Financial Holdings Ltd. Invests $3.26 Million in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 47,867 shares of the company’s stock, valued at approximately $3,258,000.

Several other institutional investors and hedge funds have also bought and sold shares of ONEQ. Creative Financial Designs Inc. ADV raised its position in Fidelity NASDAQ Composite Index ETF by 12.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,362 shares of the company’s stock valued at $104,000 after purchasing an additional 155 shares during the last quarter. Avantax Advisory Services Inc. raised its position in Fidelity NASDAQ Composite Index ETF by 2.9% during the 4th quarter. Avantax Advisory Services Inc. now owns 5,872 shares of the company’s stock valued at $447,000 after purchasing an additional 167 shares during the last quarter. Lane & Associates LLC raised its position in Fidelity NASDAQ Composite Index ETF by 1.8% during the 1st quarter. Lane & Associates LLC now owns 14,023 shares of the company’s stock valued at $954,000 after purchasing an additional 245 shares during the last quarter. Smith Moore & CO. raised its position in Fidelity NASDAQ Composite Index ETF by 6.5% during the 4th quarter. Smith Moore & CO. now owns 5,439 shares of the company’s stock valued at $414,000 after purchasing an additional 332 shares during the last quarter. Finally, Brass Tax Wealth Management Inc. raised its position in Fidelity NASDAQ Composite Index ETF by 3.1% during the 1st quarter. Brass Tax Wealth Management Inc. now owns 11,513 shares of the company’s stock valued at $784,000 after purchasing an additional 349 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Price Performance

ONEQ traded up $0.09 during midday trading on Friday, reaching $82.36. 18,268 shares of the company’s stock traded hands, compared to its average volume of 373,226. The firm has a fifty day moving average of $77.43 and a two-hundred day moving average of $73.97. The stock has a market capitalization of $8.30 billion, a price-to-earnings ratio of 28.20 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 52 week low of $58.12 and a 52 week high of $82.64.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders of record on Friday, June 20th were given a dividend of $0.118 per share. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, June 20th. This represents a $0.47 dividend on an annualized basis and a yield of 0.57%.

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.