Traders Purchase High Volume of Call Options on Fidelity Nasdaq Composite Index ETF (NASDAQ:ONEQ)

Fidelity Nasdaq Composite Index ETF (NASDAQ:ONEQ – Get Rating) was the target of some unusual options trading activity on Tuesday. Investors purchased 3,569 call options on the company. This is an increase of 2,802% compared to the average volume of 123 call options.

Institutional Trading of Fidelity Nasdaq Composite Index ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Madison Wealth Partners Inc grew its stake in shares of Fidelity Nasdaq Composite Index ETF by 2.5% during the fourth quarter. Madison Wealth Partners Inc now owns 237,787 shares of the company’s stock worth $9,742,000 after buying an additional 5,704 shares during the last quarter. Sigma Planning Corp grew its stake in shares of Fidelity Nasdaq Composite Index ETF by 0.9% during the fourth quarter. Sigma Planning Corp now owns 94,075 shares of the company’s stock worth $3,854,000 after buying an additional 820 shares during the last quarter. Selective Wealth Management Inc. bought a new stake in shares of Fidelity Nasdaq Composite Index ETF during the fourth quarter worth $214,000. Sargent Bickham Lagudis LLC bought a new stake in shares of Fidelity Nasdaq Composite Index ETF during the fourth quarter worth $41,000. Finally, Defined Wealth Management LLC acquired a new position in shares of Fidelity Nasdaq Composite Index ETF during the fourth quarter worth $973,000.

Fidelity Nasdaq Composite Index ETF Price Performance

Shares of NASDAQ:ONEQ opened at $44.43 on Wednesday. The company’s 50 day simple moving average is $42.81 and its 200 day simple moving average is $44.37. Fidelity Nasdaq Composite Index ETF has a 1 year low of $39.52 and a 1 year high of $57.16.

Fidelity Nasdaq Composite Index ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 21st. Shareholders of record on Monday, December 19th were paid a dividend of $0.139 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date was Friday, December 16th. This is a boost from Fidelity Nasdaq Composite Index ETF’s previous quarterly dividend of $0.07.

Fidelity Nasdaq Composite Index ETF Company Profile

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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.