Vontobel Holding Ltd. Trims Stock Position in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

Vontobel Holding Ltd. cut its stake in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 10.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,718 shares of the company’s stock after selling 1,300 shares during the quarter. Vontobel Holding Ltd.’s holdings in Emerging Markets Internet & Ecommerce ETF were worth $330,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Greenwood Capital Associates LLC bought a new position in shares of Emerging Markets Internet & Ecommerce ETF during the third quarter valued at approximately $1,281,000. J.W. Cole Advisors Inc. boosted its stake in shares of Emerging Markets Internet & Ecommerce ETF by 4.4% during the third quarter. J.W. Cole Advisors Inc. now owns 58,441 shares of the company’s stock valued at $1,717,000 after purchasing an additional 2,452 shares in the last quarter. Ellis Investment Partners LLC boosted its stake in shares of Emerging Markets Internet & Ecommerce ETF by 31.2% during the third quarter. Ellis Investment Partners LLC now owns 41,842 shares of the company’s stock valued at $1,229,000 after purchasing an additional 9,946 shares in the last quarter. Austin Wealth Management LLC bought a new position in shares of Emerging Markets Internet & Ecommerce ETF during the third quarter valued at approximately $624,000. Finally, International Assets Investment Management LLC bought a new position in shares of Emerging Markets Internet & Ecommerce ETF during the fourth quarter valued at approximately $960,000.

Emerging Markets Internet & Ecommerce ETF Stock Performance

NYSEARCA EMQQ opened at $32.22 on Wednesday. The firm’s 50 day moving average price is $30.99 and its 200-day moving average price is $30.31. Emerging Markets Internet & Ecommerce ETF has a 52-week low of $27.32 and a 52-week high of $33.74. The company has a market cap of $367.31 million, a PE ratio of 22.94 and a beta of 1.23.

Emerging Markets Internet & Ecommerce ETF 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.