Flow Traders U.S. LLC Makes New Investment in Emerging Markets Internet ETF $EMQQ

Flow Traders U.S. LLC purchased a new position in shares of Emerging Markets Internet ETF (NYSEARCA:EMQQ) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 17,068 shares of the company’s stock, valued at approximately $711,000. Flow Traders U.S. LLC owned approximately 0.20% of Emerging Markets Internet ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the business. Simplex Trading LLC bought a new position in shares of Emerging Markets Internet ETF during the 1st quarter valued at $38,000. Ethos Financial Group LLC bought a new position in shares of Emerging Markets Internet ETF during the first quarter valued at about $452,000. Cetera Investment Advisers grew its stake in shares of Emerging Markets Internet ETF by 6.2% during the first quarter. Cetera Investment Advisers now owns 23,507 shares of the company’s stock valued at $897,000 after buying an additional 1,370 shares during the last quarter. CW Advisors LLC purchased a new position in shares of Emerging Markets Internet ETF in the first quarter worth about $902,000. Finally, Jane Street Group LLC bought a new stake in shares of Emerging Markets Internet ETF in the 1st quarter valued at about $1,462,000.

Emerging Markets Internet ETF Price Performance

Shares of EMQQ stock opened at $41.81 on Wednesday. The business has a 50-day moving average of $44.07 and a 200 day moving average of $42.86. Emerging Markets Internet ETF has a 1-year low of $32.79 and a 1-year high of $47.00. The stock has a market capitalization of $370.02 million, a PE ratio of 21.93 and a beta of 0.57.

Emerging Markets Internet 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.