LJI Wealth Management LLC Grows Stake in Fidelity NASDAQ Composite Index ETF $ONEQ

LJI Wealth Management LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 9.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 368,844 shares of the company’s stock after purchasing an additional 32,552 shares during the quarter. Fidelity NASDAQ Composite Index ETF comprises 5.1% of LJI Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. LJI Wealth Management LLC owned about 0.36% of Fidelity NASDAQ Composite Index ETF worth $33,712,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in ONEQ. Ethos Financial Group LLC bought a new position in shares of Fidelity NASDAQ Composite Index ETF in the 3rd quarter worth $645,000. Heck Capital Advisors LLC lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 1.2% in the 3rd quarter. Heck Capital Advisors LLC now owns 616,117 shares of the company’s stock worth $54,914,000 after purchasing an additional 7,415 shares in the last quarter. AE Wealth Management LLC lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 7.5% in the 4th quarter. AE Wealth Management LLC now owns 82,005 shares of the company’s stock worth $7,495,000 after purchasing an additional 5,756 shares in the last quarter. Facet Wealth Inc. bought a new position in shares of Fidelity NASDAQ Composite Index ETF in the 3rd quarter worth $595,000. Finally, HUB Investment Partners LLC lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 101.4% in the 3rd quarter. HUB Investment Partners LLC now owns 14,251 shares of the company’s stock worth $1,270,000 after purchasing an additional 7,176 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Up 1.7%

Shares of ONEQ opened at $103.30 on Friday. Fidelity NASDAQ Composite Index ETF has a 12-month low of $70.28 and a 12-month high of $103.35. The stock has a market cap of $10.51 billion, a P/E ratio of 28.20 and a beta of 1.21. The business’s fifty day moving average is $90.66 and its 200 day moving average is $91.16.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 20th were given a $0.111 dividend. The ex-dividend date of this dividend was Friday, March 20th. This represents a $0.44 annualized dividend and a yield of 0.4%.

Fidelity NASDAQ Composite Index ETF Profile

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. The Fund uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire the Index.