Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Sees Strong Trading Volume

Posted by Renee Jackson on Aug 7th, 2024

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ – Get Free Report) saw strong trading volume on Monday . 437,946 shares traded hands during mid-day trading, an increase of 64% from the previous session’s volume of 266,575 shares.The stock last traded at $63.42 and had previously closed at $66.17.

Fidelity NASDAQ Composite Index ETF Price Performance

The firm has a market cap of $6.18 billion, a PE ratio of 33.60 and a beta of 1.13. The company’s 50 day moving average price is $69.40 and its 200 day moving average price is $65.43.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Friday, June 21st were paid a $0.105 dividend. The ex-dividend date was Friday, June 21st. This represents a $0.42 annualized dividend and a dividend yield of 0.66%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Fidelity NASDAQ Composite Index ETF in the 2nd quarter valued at about $38,000. CENTRAL TRUST Co purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at approximately $34,000. Northwest Investment Counselors LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at approximately $52,000. International Assets Investment Management LLC acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 2nd quarter valued at $69,000. Finally, Keener Financial Planning LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth $61,000.

Fidelity NASDAQ Composite Index ETF Company Profile

(Get Free Report)

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.