Private Advisor Group LLC Reduces Stock Holdings in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

Private Advisor Group LLC decreased its position in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 15.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,576 shares of the company’s stock after selling 4,629 shares during the period. Private Advisor Group LLC owned about 0.22% of Emerging Markets Internet & Ecommerce ETF worth $964,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jane Street Group LLC increased its stake in Emerging Markets Internet & Ecommerce ETF by 52.1% in the first quarter. Jane Street Group LLC now owns 495,163 shares of the company’s stock valued at $15,504,000 after acquiring an additional 169,683 shares during the last quarter. Susquehanna International Group Ltd. purchased a new stake in shares of Emerging Markets Internet & Ecommerce ETF during the first quarter worth about $4,372,000. Cetera Investment Advisers boosted its holdings in shares of Emerging Markets Internet & Ecommerce ETF by 69.4% during the second quarter. Cetera Investment Advisers now owns 30,950 shares of the company’s stock worth $1,027,000 after purchasing an additional 12,676 shares during the period. Raymond James & Associates boosted its holdings in shares of Emerging Markets Internet & Ecommerce ETF by 7.5% during the second quarter. Raymond James & Associates now owns 155,202 shares of the company’s stock worth $5,151,000 after purchasing an additional 10,796 shares during the period. Finally, Tidal Investments LLC purchased a new stake in shares of Emerging Markets Internet & Ecommerce ETF during the first quarter worth about $212,000.

Emerging Markets Internet & Ecommerce ETF Price Performance

Shares of EMQQ opened at $38.30 on Friday. The company has a 50-day simple moving average of $37.11 and a two-hundred day simple moving average of $34.86. Emerging Markets Internet & Ecommerce ETF has a one year low of $28.50 and a one year high of $41.67. The firm has a market capitalization of $434.71 million, a PE ratio of 23.95 and a beta of 1.23.

About Emerging Markets Internet & Ecommerce ETF

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.