KM Capital Management Ltd. Has $4.12 Million Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

KM Capital Management Ltd. lowered its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,107 shares of the company’s stock after selling 1,199 shares during the quarter. Fidelity NASDAQ Composite Index ETF comprises approximately 2.1% of KM Capital Management Ltd.’s investment portfolio, making the stock its 12th biggest position. KM Capital Management Ltd. owned about 0.05% of Fidelity NASDAQ Composite Index ETF worth $4,115,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Cedar Point Capital Partners LLC grew its position in Fidelity NASDAQ Composite Index ETF by 0.3% during the fourth quarter. Cedar Point Capital Partners LLC now owns 43,173 shares of the company’s stock worth $3,284,000 after buying an additional 134 shares in the last quarter. Baker Avenue Asset Management LP grew its position in Fidelity NASDAQ Composite Index ETF by 6.1% during the third quarter. Baker Avenue Asset Management LP now owns 3,777 shares of the company’s stock worth $270,000 after buying an additional 217 shares in the last quarter. Larson Financial Group LLC grew its position in Fidelity NASDAQ Composite Index ETF by 18.8% during the third quarter. Larson Financial Group LLC now owns 1,513 shares of the company’s stock worth $108,000 after buying an additional 239 shares in the last quarter. Beaumont Financial Advisors LLC grew its position in Fidelity NASDAQ Composite Index ETF by 3.8% during the fourth quarter. Beaumont Financial Advisors LLC now owns 8,123 shares of the company’s stock worth $618,000 after buying an additional 300 shares in the last quarter. Finally, SteelPeak Wealth LLC grew its position in Fidelity NASDAQ Composite Index ETF by 3.3% during the third quarter. SteelPeak Wealth LLC now owns 9,799 shares of the company’s stock worth $702,000 after buying an additional 314 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Price Performance

Shares of NASDAQ:ONEQ opened at $76.85 on Friday. The company has a market capitalization of $7.70 billion, a P/E ratio of 33.15 and a beta of 1.11. Fidelity NASDAQ Composite Index ETF has a 1 year low of $59.98 and a 1 year high of $79.75. The business’s 50 day simple moving average is $77.46 and its 200 day simple moving average is $73.96.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were issued a $0.168 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date was Friday, December 20th. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11.

Fidelity NASDAQ Composite Index ETF Company 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.