FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) Shares Down 1.3%

FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) shares fell 1.3% on Wednesday . The stock traded as low as $12.09 and last traded at $12.10. 14,455 shares traded hands during trading, an increase of 10% from the average session volume of 13,159 shares. The stock had previously closed at $12.26.

FMQQ The Next Frontier Internet & Ecommerce ETF Stock Down 1.3 %

The stock has a market cap of $19.97 million, a price-to-earnings ratio of 19.05 and a beta of 1.18. The company has a 50 day simple moving average of $11.81 and a 200 day simple moving average of $11.10.

Institutional Trading of FMQQ The Next Frontier Internet & Ecommerce ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its holdings in shares of FMQQ The Next Frontier Internet & Ecommerce ETF by 2.9% during the 1st quarter. Jane Street Group LLC now owns 46,957 shares of the company’s stock worth $725,000 after buying an additional 1,339 shares in the last quarter. Citadel Advisors LLC bought a new position in shares of FMQQ The Next Frontier Internet & Ecommerce ETF during the 2nd quarter worth approximately $186,000. OLD Mission Capital LLC boosted its holdings in shares of FMQQ The Next Frontier Internet & Ecommerce ETF by 242.5% during the 1st quarter. OLD Mission Capital LLC now owns 26,330 shares of the company’s stock worth $275,000 after buying an additional 18,642 shares in the last quarter. Finally, Mariner LLC bought a new position in shares of FMQQ The Next Frontier Internet & Ecommerce ETF during the 3rd quarter worth approximately $117,000.

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.