Capital Analysts LLC Grows Stock Position in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

Capital Analysts LLC raised its holdings in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 92.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,112 shares of the company’s stock after acquiring an additional 533 shares during the quarter. Capital Analysts LLC’s holdings in Emerging Markets Internet & Ecommerce ETF were worth $34,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Toroso Investments LLC raised its stake in shares of Emerging Markets Internet & Ecommerce ETF by 6.6% in the first quarter. Toroso Investments LLC now owns 8,815 shares of the company’s stock worth $289,000 after purchasing an additional 547 shares during the last quarter. Sentinus LLC raised its stake in shares of Emerging Markets Internet & Ecommerce ETF by 5.5% in the fourth quarter. Sentinus LLC now owns 13,019 shares of the company’s stock worth $384,000 after purchasing an additional 680 shares during the last quarter. Sanctuary Wealth Management L.L.C. raised its stake in shares of Emerging Markets Internet & Ecommerce ETF by 4.1% in the fourth quarter. Sanctuary Wealth Management L.L.C. now owns 17,277 shares of the company’s stock worth $514,000 after purchasing an additional 685 shares during the last quarter. Citigroup Inc. raised its stake in shares of Emerging Markets Internet & Ecommerce ETF by 27.9% in the first quarter. Citigroup Inc. now owns 3,721 shares of the company’s stock worth $122,000 after purchasing an additional 811 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of Emerging Markets Internet & Ecommerce ETF by 12.3% in the first quarter. Geneos Wealth Management Inc. now owns 10,961 shares of the company’s stock worth $359,000 after purchasing an additional 1,201 shares during the last quarter.

Emerging Markets Internet & Ecommerce ETF Stock Down 0.4 %

Shares of NYSEARCA:EMQQ opened at $30.51 on Friday. The stock has a market cap of $347.81 million, a price-to-earnings ratio of 22.94 and a beta of 1.23. Emerging Markets Internet & Ecommerce ETF has a 52-week low of $27.32 and a 52-week high of $33.74. The business has a 50-day moving average price of $30.91 and a 200-day moving average price of $30.25.

Emerging Markets Internet & Ecommerce 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.