FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) Shares Up 1.6%

FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) was up 1.6% during mid-day trading on Thursday . The stock traded as high as $12.20 and last traded at $12.20. Approximately 2,070 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 11,797 shares. The stock had previously closed at $12.01.

FMQQ The Next Frontier Internet & Ecommerce ETF Price Performance

The firm has a market cap of $26.60 million, a PE ratio of 29.24 and a beta of 1.10. The company has a 50-day simple moving average of $11.95 and a 200-day simple moving average of $11.27.

Institutional Investors Weigh In On FMQQ The Next Frontier Internet & Ecommerce ETF

An institutional investor recently raised its position in FMQQ The Next Frontier Internet & Ecommerce ETF stock. Capital Advisors Ltd. LLC raised its stake in FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) by 5,326.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,778 shares of the company’s stock after buying an additional 25,303 shares during the period. Capital Advisors Ltd. LLC owned about 1.21% of FMQQ The Next Frontier Internet & Ecommerce ETF worth $311,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

FMQQ The Next Frontier Internet & Ecommerce ETF Company Profile

The FMQQ Next Frontier Internet & Ecommerce ETF (FMQQ) is an exchange-traded fund that is based on the FMQQ index. The fund is a passively managed fund that invests in internet and e-commerce companies from emerging and frontier markets. FMQQ was launched on Sep 28, 2021 and is managed by FMQQ.