Focus Financial Network Inc. Has $400,000 Stock Holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Focus Financial Network Inc. raised its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 23.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,253 shares of the company’s stock after buying an additional 988 shares during the period. Focus Financial Network Inc.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $400,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of ONEQ. Newbridge Financial Services Group Inc. purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth $25,000. Fifth Third Bancorp bought a new position in Fidelity NASDAQ Composite Index ETF during the fourth quarter valued at approximately $38,000. Red Tortoise LLC bought a new position in Fidelity NASDAQ Composite Index ETF during the fourth quarter valued at approximately $41,000. Geneos Wealth Management Inc. bought a new position in Fidelity NASDAQ Composite Index ETF during the fourth quarter valued at approximately $51,000. Finally, Northwest Investment Counselors LLC bought a new position in Fidelity NASDAQ Composite Index ETF during the third quarter valued at approximately $57,000.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of ONEQ opened at $78.49 on Friday. The firm has a market cap of $7.84 billion, a PE ratio of 33.60 and a beta of 1.13. The firm’s 50 day moving average price is $77.43 and its 200 day moving average price is $73.39. Fidelity NASDAQ Composite Index ETF has a twelve month low of $59.98 and a twelve month high of $79.75.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were given a dividend of $0.168 per share. This represents a $0.67 annualized dividend and a yield of 0.86%. The ex-dividend date was Friday, December 20th. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11.

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.