Emerging Markets Internet ETF (NYSEARCA:EMQQ – Get Free Report)’s share price traded down 1.1% during trading on Tuesday . The stock traded as low as $33.65 and last traded at $33.66. Approximately 14,107 shares were traded during trading, a decline of 74% from the average daily volume of 55,141 shares. The stock had previously closed at $34.03.
Emerging Markets Internet ETF Price Performance
The company has a fifty day moving average of $32.92 and a 200-day moving average of $33.91. The firm has a market capitalization of $273.04 million, a PE ratio of 21.93 and a beta of 0.61.
Institutional Investors Weigh In On Emerging Markets Internet ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Sankala Group LLC bought a new stake in Emerging Markets Internet ETF in the fourth quarter worth $2,187,000. Venturi Wealth Management LLC increased its holdings in shares of Emerging Markets Internet ETF by 517.8% during the 1st quarter. Venturi Wealth Management LLC now owns 58,594 shares of the company’s stock valued at $1,938,000 after acquiring an additional 49,110 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Emerging Markets Internet ETF in the 1st quarter valued at approximately $1,462,000. Risk Paradigm Group LLC lifted its holdings in Emerging Markets Internet ETF by 14.4% in the 2nd quarter. Risk Paradigm Group LLC now owns 60,674 shares of the company’s stock worth $1,893,000 after purchasing an additional 7,639 shares during the last quarter. Finally, Stronghold Wealth Management L.L.C. acquired a new stake in Emerging Markets Internet ETF in the 4th quarter worth approximately $283,000.
About Emerging Markets Internet ETF
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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