FOCUS Wealth Advisors LLC Takes Position in Fidelity NASDAQ Composite Index ETF $ONEQ

FOCUS Wealth Advisors LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 114,078 shares of the company’s stock, valued at approximately $11,775,000. Fidelity NASDAQ Composite Index ETF accounts for 5.5% of FOCUS Wealth Advisors LLC’s portfolio, making the stock its 5th biggest holding. FOCUS Wealth Advisors LLC owned 0.11% of Fidelity NASDAQ Composite Index ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Flagship Harbor Advisors LLC bought a new stake in Fidelity NASDAQ Composite Index ETF in the fourth quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. grew its holdings in shares of Fidelity NASDAQ Composite Index ETF by 57.9% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 341 shares of the company’s stock worth $31,000 after purchasing an additional 125 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Fidelity NASDAQ Composite Index ETF by 442.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 380 shares of the company’s stock worth $35,000 after purchasing an additional 310 shares during the last quarter. Prosperity Bancshares Inc purchased a new position in shares of Fidelity NASDAQ Composite Index ETF in the fourth quarter worth $37,000. Finally, Assetmark Inc. increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 24.6% in the fourth quarter. Assetmark Inc. now owns 629 shares of the company’s stock worth $57,000 after buying an additional 124 shares during the period.

Fidelity NASDAQ Composite Index ETF Stock Down 0.9%

Shares of ONEQ opened at $103.88 on Thursday. The stock has a market capitalization of $10.78 billion, a P/E ratio of 28.20 and a beta of 1.22. The firm has a fifty day simple moving average of $102.11 and a two-hundred day simple moving average of $96.03. Fidelity NASDAQ Composite Index ETF has a twelve month low of $81.45 and a twelve month high of $107.07.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a dividend of $0.143 per share. This represents a $0.57 annualized dividend and a dividend yield of 0.6%. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Thursday, June 18th.

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.