ORG Partners LLC Purchases New Stake in India Internet & Ecommerce ETF (NYSEARCA:INQQ)

ORG Partners LLC purchased a new stake in India Internet & Ecommerce ETF (NYSEARCA:INQQ) in the 2nd quarter, HoldingsChannel reports. The fund purchased 10,484 shares of the company’s stock, valued at approximately $162,000.

Several other hedge funds have also bought and sold shares of the business. Axxcess Wealth Management LLC bought a new position in India Internet & Ecommerce ETF during the 4th quarter valued at $139,000. Tidal Investments LLC raised its stake in shares of India Internet & Ecommerce ETF by 15.0% during the 1st quarter. Tidal Investments LLC now owns 20,150 shares of the company’s stock worth $289,000 after purchasing an additional 2,629 shares during the period. Finally, Sheets Smith Wealth Management raised its stake in shares of India Internet & Ecommerce ETF by 10.1% during the 4th quarter. Sheets Smith Wealth Management now owns 23,966 shares of the company’s stock worth $330,000 after purchasing an additional 2,202 shares during the period.

India Internet & Ecommerce ETF Price Performance

Shares of NYSEARCA INQQ traded up $0.15 during mid-day trading on Thursday, reaching $15.47. 931 shares of the company’s stock were exchanged, compared to its average volume of 25,037. The firm has a market capitalization of $40.38 million, a price-to-earnings ratio of 29.85 and a beta of 0.60. India Internet & Ecommerce ETF has a 52 week low of $11.96 and a 52 week high of $15.78. The firm has a 50-day moving average price of $15.20 and a two-hundred day moving average price of $14.57.

India Internet & Ecommerce ETF Company Profile

The India Internet & Ecommerce ETF (INQQ) is an exchange-traded fund that is based on the INQQ The India Internet & Ecommerce index. The fund tracks an index of companies centered around the internet and e-commerce technology in India. Securities are selected and weighted by market-cap. INQQ was launched on Apr 6, 2022 and is managed by India.