JPMorgan Chase & Co. Has $10.23 Million Stock Holdings in Fidelity NASDAQ Composite Index ETF $ONEQ

JPMorgan Chase & Co. trimmed its position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 6.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 114,807 shares of the company’s stock after selling 8,131 shares during the quarter. JPMorgan Chase & Co.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $10,233,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in Fidelity NASDAQ Composite Index ETF by 72.6% in the fourth quarter. Brighton Jones LLC now owns 5,117 shares of the company’s stock valued at $389,000 after acquiring an additional 2,153 shares during the period. AQR Capital Management LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF during the first quarter worth approximately $475,000. Integrated Wealth Concepts LLC raised its position in shares of Fidelity NASDAQ Composite Index ETF by 11.5% during the first quarter. Integrated Wealth Concepts LLC now owns 5,072 shares of the company’s stock worth $345,000 after purchasing an additional 525 shares during the period. Jane Street Group LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at $3,330,000. Finally, Global Retirement Partners LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF in the 2nd quarter valued at $712,000.

Fidelity NASDAQ Composite Index ETF Trading Down 2.1%

NASDAQ ONEQ opened at $82.49 on Friday. The company has a market cap of $8.38 billion, a P/E ratio of 28.20 and a beta of 1.15. The company has a fifty day simple moving average of $89.50 and a 200 day simple moving average of $90.32. Fidelity NASDAQ Composite Index ETF has a 12-month low of $58.12 and a 12-month high of $94.49.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th were issued a dividend of $0.111 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Friday, March 20th.

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. The Fund uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire the Index.