JPMorgan Chase & Co. Sells 8,131 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

JPMorgan Chase & Co. trimmed its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 6.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 114,807 shares of the company’s stock after selling 8,131 shares during the period. JPMorgan Chase & Co. owned 0.11% of Fidelity NASDAQ Composite Index ETF worth $10,233,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ONEQ. Assetmark Inc. raised its stake 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 acquiring an additional 120 shares during the period. Grey Fox Wealth Advisors LLC bought a new position in Fidelity NASDAQ Composite Index ETF during the third quarter worth $85,000. Darwin Wealth Management LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF in the second quarter valued at $87,000. Cape Investment Advisory Inc. increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 116.4% in the second quarter. Cape Investment Advisory Inc. now owns 1,296 shares of the company’s stock valued at $104,000 after purchasing an additional 697 shares during the last quarter. Finally, Allworth Financial LP raised its position in shares of Fidelity NASDAQ Composite Index ETF by 17.3% in the second quarter. Allworth Financial LP now owns 1,530 shares of the company’s stock valued at $123,000 after purchasing an additional 226 shares during the period.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of ONEQ stock opened at $88.12 on Friday. The company has a market capitalization of $8.95 billion, a price-to-earnings ratio of 28.20 and a beta of 1.15. The company has a 50-day simple moving average of $91.11 and a 200 day simple moving average of $90.05. Fidelity NASDAQ Composite Index ETF has a 52 week low of $58.12 and a 52 week high of $94.49.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were given a dividend of $0.147 per share. This represents a $0.59 annualized dividend and a yield of 0.7%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, December 19th.

Fidelity NASDAQ Composite Index ETF Company 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.