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Sun Sep 15 11:52:53 UTC 2024: ## LPL Financial Boosts Stake in Fidelity NASDAQ Composite Index ETF
**New York, NY -** LPL Financial LLC increased its holdings in Fidelity NASDAQ Composite Index ETF (ONEQ) by 4.0% during the second quarter, according to a recent SEC filing. The institutional investor now owns 764,461 shares, valued at $53,459,000.
This move follows a trend of other institutional investors adjusting their positions in ONEQ. Thurston Springer Miller Herd & Titak Inc. and Northwest Investment Counselors LLC acquired new stakes in the ETF, while CENTRAL TRUST Co and GAMMA Investing LLC increased their existing holdings.
ONEQ, an exchange-traded fund, aims to mirror the performance of the NASDAQ Composite Index, a market-capitalization weighted index encompassing over 3,000 stocks listed on NASDAQ. The ETF opened at $69.78 on Friday, with a 50-day simple moving average of $68.98 and a 200-day simple moving average of $66.69. It has a market capitalization of $6.76 billion.
Investors interested in tracking the activity of other hedge funds holding ONEQ can visit HoldingsChannel.com for the latest 13F filings and insider trades. For daily news and analyst ratings on Fidelity NASDAQ Composite Index ETF, sign up for MarketBeat.com’s free email newsletter.