Hollencrest Capital Management Trims Stock Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Hollencrest Capital Management cut its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 0.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 180,555 shares of the company’s stock after selling 200 shares during the quarter. Hollencrest Capital Management owned approximately 0.18% of Fidelity NASDAQ Composite Index ETF worth $13,733,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Sequoia Financial Advisors LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth approximately $286,000. Summit X LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth approximately $604,000. Independent Advisor Alliance purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth approximately $728,000. PNC Financial Services Group Inc. increased its position in shares of Fidelity NASDAQ Composite Index ETF by 128.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 12,556 shares of the company’s stock worth $955,000 after acquiring an additional 7,064 shares during the period. Finally, Elevation Capital Advisory LLC purchased a new position in Fidelity NASDAQ Composite Index ETF during the fourth quarter valued at approximately $10,548,000.

Fidelity NASDAQ Composite Index ETF Stock Down 0.1 %

Shares of ONEQ stock opened at $68.69 on Wednesday. The firm has a market cap of $6.87 billion, a price-to-earnings ratio of 29.43 and a beta of 1.13. The company’s 50 day moving average is $76.19 and its 200 day moving average is $74.37. Fidelity NASDAQ Composite Index ETF has a 52-week low of $59.98 and a 52-week 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 issued a dividend of $0.168 per share. This represents a $0.67 annualized dividend and a yield of 0.98%. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Friday, December 20th.

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.