Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) Shares Up 1.4% – Time to Buy?

Shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) were up 1.4% on Tuesday . The stock traded as high as $33.89 and last traded at $33.63. Approximately 19,511 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 42,176 shares. The stock had previously closed at $33.17.

Emerging Markets Internet & Ecommerce ETF Stock Up 0.0 %

The stock has a fifty day moving average price of $36.33 and a 200-day moving average price of $35.86. The firm has a market cap of $389.53 million, a price-to-earnings ratio of 23.95 and a beta of 1.23.

Hedge Funds Weigh In On Emerging Markets Internet & Ecommerce ETF

Large investors have recently bought and sold shares of the company. Axiom Advisory LLC boosted its holdings in shares of Emerging Markets Internet & Ecommerce ETF by 1.6% in the third quarter. Axiom Advisory LLC now owns 19,200 shares of the company’s stock valued at $753,000 after acquiring an additional 300 shares in the last quarter. White Knight Strategic Wealth Advisors LLC boosted its holdings in Emerging Markets Internet & Ecommerce ETF by 1.1% in the 3rd quarter. White Knight Strategic Wealth Advisors LLC now owns 33,053 shares of the company’s stock valued at $1,296,000 after purchasing an additional 344 shares in the last quarter. Prospect Financial Services LLC boosted its holdings in Emerging Markets Internet & Ecommerce ETF by 8.0% in the 3rd quarter. Prospect Financial Services LLC now owns 8,445 shares of the company’s stock valued at $331,000 after purchasing an additional 625 shares in the last quarter. J.W. Cole Advisors Inc. increased its position in Emerging Markets Internet & Ecommerce ETF by 1.3% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 61,794 shares of the company’s stock worth $2,423,000 after purchasing an additional 792 shares during the period. Finally, Federated Hermes Inc. purchased a new position in shares of Emerging Markets Internet & Ecommerce ETF during the 2nd quarter worth approximately $32,000.

Emerging Markets Internet & Ecommerce ETF Company 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.