OneDigital Investment Advisors LLC Lowers Holdings in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

OneDigital Investment Advisors LLC decreased its stake in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 40.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,639 shares of the company’s stock after selling 5,094 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Emerging Markets Internet & Ecommerce ETF were worth $300,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Venturi Wealth Management LLC raised its stake in Emerging Markets Internet & Ecommerce ETF by 9.8% during the third quarter. Venturi Wealth Management LLC now owns 359,676 shares of the company’s stock valued at $14,103,000 after buying an additional 32,095 shares during the last quarter. J.W. Cole Advisors Inc. raised its stake in shares of Emerging Markets Internet & Ecommerce ETF by 1.3% in the third 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 last quarter. International Assets Investment Management LLC purchased a new position in shares of Emerging Markets Internet & Ecommerce ETF in the third quarter worth $999,000. Prospect Financial Services LLC raised its stake in shares of Emerging Markets Internet & Ecommerce ETF by 8.0% in the third 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. Finally, Future Financial Wealth Managment LLC purchased a new position in shares of Emerging Markets Internet & Ecommerce ETF in the third quarter worth $92,000.

Emerging Markets Internet & Ecommerce ETF Price Performance

EMQQ stock opened at $37.14 on Friday. Emerging Markets Internet & Ecommerce ETF has a 1-year low of $28.50 and a 1-year high of $41.67. The business has a fifty day moving average price of $38.14 and a 200-day moving average price of $35.38. The stock has a market capitalization of $421.48 million, a P/E 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.