FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) Trading 0.9% Higher – What’s Next?

FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ)’s share price was up 0.9% during trading on Monday . The stock traded as high as $13.28 and last traded at $13.24. Approximately 20,151 shares changed hands during trading, an increase of 140% from the average daily volume of 8,383 shares. The stock had previously closed at $13.12.

FMQQ The Next Frontier Internet & Ecommerce ETF Stock Up 0.9 %

The company’s 50-day simple moving average is $13.44 and its 200 day simple moving average is $12.86. The stock has a market capitalization of $28.86 million, a price-to-earnings ratio of 29.24 and a beta of 1.10.

Institutional Investors Weigh In On FMQQ The Next Frontier Internet & Ecommerce ETF

A hedge fund recently raised its stake in FMQQ The Next Frontier Internet & Ecommerce ETF stock. Capital Advisors Ltd. LLC grew its position in FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) by 125.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 109,760 shares of the company’s stock after purchasing an additional 61,132 shares during the quarter. Capital Advisors Ltd. LLC owned approximately 5.03% of FMQQ The Next Frontier Internet & Ecommerce ETF worth $1,482,000 as of its most recent SEC filing.

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.