Harvest Investment Advisors LLC Invests $7.51 Million in Fidelity NASDAQ Composite Index ETF $ONEQ

Harvest Investment Advisors LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 82,214 shares of the company’s stock, valued at approximately $7,514,000. Fidelity NASDAQ Composite Index ETF accounts for about 4.3% of Harvest Investment Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Harvest Investment Advisors LLC owned 0.08% of Fidelity NASDAQ Composite Index ETF at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of ONEQ. Flagship Harbor Advisors LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. raised its position in Fidelity NASDAQ Composite Index ETF by 57.9% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 341 shares of the company’s stock valued at $31,000 after buying an additional 125 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in Fidelity NASDAQ Composite Index ETF by 442.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 380 shares of the company’s stock valued at $35,000 after buying an additional 310 shares during the last quarter. Clearstead Advisors LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF in the 3rd quarter valued at approximately $34,000. Finally, Assetmark Inc. raised its position in Fidelity NASDAQ Composite Index ETF by 31.2% in the 3rd quarter. Assetmark Inc. now owns 505 shares of the company’s stock valued at $45,000 after buying an additional 120 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of Fidelity NASDAQ Composite Index ETF stock opened at $104.08 on Wednesday. The business’s 50 day simple moving average is $99.85 and its 200 day simple moving average is $93.67. Fidelity NASDAQ Composite Index ETF has a 52-week low of $75.98 and a 52-week high of $107.07. The firm has a market cap of $10.58 billion, a PE ratio of 28.20 and a beta of 1.21.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

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