SOL Capital Management CO Sells 7,690 Shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

SOL Capital Management CO cut its stake in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 25.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,100 shares of the company’s stock after selling 7,690 shares during the period. SOL Capital Management CO’s holdings in Emerging Markets Internet & Ecommerce ETF were worth $796,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Brown Brothers Harriman & Co. acquired a new stake in shares of Emerging Markets Internet & Ecommerce ETF in the 3rd quarter valued at approximately $53,000. Future Financial Wealth Managment LLC bought a new position in shares of Emerging Markets Internet & Ecommerce ETF in the 3rd quarter valued at about $92,000. Prospect Financial Services LLC increased its stake in shares of Emerging Markets Internet & Ecommerce ETF by 8.0% during the 3rd quarter. Prospect Financial Services LLC now owns 8,445 shares of the company’s stock worth $331,000 after purchasing an additional 625 shares during the last quarter. MML Investors Services LLC raised its holdings in shares of Emerging Markets Internet & Ecommerce ETF by 11.7% in the 3rd quarter. MML Investors Services LLC now owns 13,469 shares of the company’s stock valued at $528,000 after purchasing an additional 1,414 shares during the period. Finally, Axiom Advisory LLC lifted its stake in Emerging Markets Internet & Ecommerce ETF by 1.6% in the 3rd quarter. Axiom Advisory LLC now owns 19,200 shares of the company’s stock valued at $753,000 after purchasing an additional 300 shares during the last quarter.

Emerging Markets Internet & Ecommerce ETF Stock Performance

Emerging Markets Internet & Ecommerce ETF stock opened at $36.38 on Friday. The stock has a 50-day simple moving average of $35.96 and a 200 day simple moving average of $35.97. The stock has a market capitalization of $412.91 million, a P/E ratio of 23.95 and a beta of 1.23. Emerging Markets Internet & Ecommerce ETF has a 52 week low of $28.75 and a 52 week high of $41.67.

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.