FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) Stock Price Up 0.9% – Time to Buy?

FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ)’s share price shot up 0.9% during trading on Monday . The stock traded as high as $13.28 and last traded at $13.24. 20,151 shares were traded during trading, an increase of 140% from the average session volume of 8,383 shares. The stock had previously closed at $13.12.

FMQQ The Next Frontier Internet & Ecommerce ETF Price Performance

The firm has a market capitalization of $28.86 million, a PE ratio of 29.24 and a beta of 1.10. The company has a fifty day moving average of $13.44 and a 200-day moving average of $12.86.

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

A hedge fund recently raised its stake in FMQQ The Next Frontier Internet & Ecommerce ETF stock. Capital Advisors Ltd. LLC raised its holdings in FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) by 88.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,628 shares of the company’s stock after acquiring an additional 22,850 shares during the quarter. Capital Advisors Ltd. LLC owned about 2.23% of FMQQ The Next Frontier Internet & Ecommerce ETF worth $601,000 at the end of the most recent quarter.

About FMQQ The Next Frontier Internet & Ecommerce ETF

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.