Fmr LLC Has $32.19 Million Stock Holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Fmr LLC is a limited liability company that has recently reported its stock holdings in Fidelity NASDAQ Composite Index ETF NASDAQONEQ. According to the company's most recent filing with the SEC, Fmr LLC boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF NASDAQONEQ by 13.6% in the third quarter.

Before the third quarter, Fmr LLC owned 545,000 shares of the company's stock. During this period, the firm acquired an additional 74,067 shares, bringing its total holdings to 619,064 shares. This represents a 35.2% increase in the number of shares owned by Fmr LLC compared to the previous quarter.

Fidelity NASDAQ Composite Index ETF NASDAQONEQ is an exchange-traded fund (ETF) that tracks the performance of the NASDAQ Composite Index, which is made up of over 3,000 publicly traded companies listed on the NASDAQ stock exchange. The index covers a wide range of industries, including technology, healthcare, and biotechnology.

It's worth noting that Fmr LLC owns only a small percentage (0.67%) of the total outstanding shares of the company it has invested in. This means that the impact of its holdings on the overall performance of the company or the index is likely to be minimal. However, any significant changes in Fmr LLC's investment strategy could potentially have an effect on the market and other investors.