PNC Financial Services Group Inc. Reduces Stock Holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

PNC Financial Services Group Inc. reduced its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 8.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,483 shares of the company’s stock after selling 1,073 shares during the period. PNC Financial Services Group Inc.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $782,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in ONEQ. GeoWealth Management LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 33,835.2% in the 4th quarter. GeoWealth Management LLC now owns 302,363 shares of the company’s stock valued at $22,998,000 after purchasing an additional 301,472 shares during the period. Heck Capital Advisors LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at $18,258,000. GAMMA Investing LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 6,706.5% in the 1st quarter. GAMMA Investing LLC now owns 158,660 shares of the company’s stock valued at $10,800,000 after purchasing an additional 156,329 shares during the period. Two Sigma Investments LP lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 40.7% in the 4th quarter. Two Sigma Investments LP now owns 457,000 shares of the company’s stock valued at $34,759,000 after purchasing an additional 132,100 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at $7,362,000.

Fidelity NASDAQ Composite Index ETF Price Performance

ONEQ opened at $84.20 on Tuesday. The firm has a fifty day moving average price of $80.24 and a 200 day moving average price of $74.64. Fidelity NASDAQ Composite Index ETF has a 1 year low of $58.12 and a 1 year high of $84.82. The stock has a market cap of $8.46 billion, a P/E ratio of 28.20 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Friday, June 20th were paid a $0.118 dividend. The ex-dividend date was Friday, June 20th. This represents a $0.47 annualized dividend and a dividend yield of 0.6%. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.09.

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.