Sankala Group LLC purchased a new position in shares of Emerging Markets Internet ETF (NYSEARCA:EMQQ – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 54,198 shares of the company’s stock, valued at approximately $2,187,000. Emerging Markets Internet ETF accounts for about 1.8% of Sankala Group LLC’s investment portfolio, making the stock its 12th largest holding.
A number of other large investors have also modified their holdings of EMQQ. RPg Family Wealth Advisory LLC boosted its holdings in Emerging Markets Internet ETF by 3.1% in the fourth quarter. RPg Family Wealth Advisory LLC now owns 66,898 shares of the company’s stock valued at $2,700,000 after purchasing an additional 2,006 shares during the period. Jessup Wealth Management Inc purchased a new stake in Emerging Markets Internet ETF during the 4th quarter worth about $73,000. Stronghold Wealth Management L.L.C. purchased a new stake in Emerging Markets Internet ETF during the 4th quarter worth about $283,000. Farther Finance Advisors LLC increased its holdings in Emerging Markets Internet ETF by 84.5% during the 4th quarter. Farther Finance Advisors LLC now owns 2,452 shares of the company’s stock worth $99,000 after purchasing an additional 1,123 shares during the period. Finally, EMC Capital Management acquired a new stake in Emerging Markets Internet ETF in the 3rd quarter valued at about $242,000.
Emerging Markets Internet ETF Stock Performance
Shares of EMQQ opened at $31.63 on Friday. The stock has a 50-day simple moving average of $33.20 and a 200-day simple moving average of $36.40. The stock has a market capitalization of $257.78 million, a PE ratio of 21.93 and a beta of 0.61. Emerging Markets Internet ETF has a 1 year low of $30.71 and a 1 year high of $47.00.
Emerging Markets Internet ETF Company Profile
The EMQQ Emerging Markets Internet & Ecommerce ETF (EMQQ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a cap-weighted index of companies producing most of their revenue from internet or ecommerce activity in emerging markets. EMQQ was launched on Nov 13, 2014 and is managed by EMQQ.
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