Raymond James Financial Inc. Buys New Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Raymond James Financial Inc. purchased a new position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 91,610 shares of the company’s stock, valued at approximately $6,968,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Newbridge Financial Services Group Inc. acquired a new position in shares of Fidelity NASDAQ Composite Index ETF in the fourth quarter worth $25,000. Fifth Third Bancorp purchased a new position in Fidelity NASDAQ Composite Index ETF in the fourth quarter valued at $38,000. Red Tortoise LLC acquired a new position in Fidelity NASDAQ Composite Index ETF during the 4th quarter worth $41,000. Geneos Wealth Management Inc. purchased a new stake in Fidelity NASDAQ Composite Index ETF during the 4th quarter worth about $51,000. Finally, Decker Retirement Planning Inc. acquired a new stake in Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at about $76,000.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of ONEQ opened at $70.00 on Monday. Fidelity NASDAQ Composite Index ETF has a 1 year low of $59.98 and a 1 year high of $79.75. The stock has a market capitalization of $6.99 billion, a PE ratio of 29.43 and a beta of 1.13. The stock has a 50-day simple moving average of $75.06 and a 200-day simple moving average of $74.39.

Fidelity NASDAQ Composite Index ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st will be issued a dividend of $0.091 per share. The ex-dividend date of this dividend is Friday, March 21st.

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.