Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC decreased its position in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 1.4% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 73,744 shares of the company’s stock after selling 1,013 shares during the period. Axxcess Wealth Management LLC’s holdings in Emerging Markets Internet & Ecommerce ETF were worth $2,448,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. ORG Partners LLC acquired a new stake in shares of Emerging Markets Internet & Ecommerce ETF during the second quarter valued at about $31,000. Crewe Advisors LLC acquired a new stake in Emerging Markets Internet & Ecommerce ETF during the 1st quarter valued at approximately $31,000. Federated Hermes Inc. purchased a new stake in Emerging Markets Internet & Ecommerce ETF during the 2nd quarter worth approximately $32,000. CWM LLC raised its position in shares of Emerging Markets Internet & Ecommerce ETF by 134.2% in the 2nd quarter. CWM LLC now owns 1,644 shares of the company’s stock valued at $55,000 after purchasing an additional 942 shares in the last quarter. Finally, Future Financial Wealth Managment LLC acquired a new position in shares of Emerging Markets Internet & Ecommerce ETF in the 1st quarter valued at approximately $183,000.

Emerging Markets Internet & Ecommerce ETF Trading Up 0.5 %

EMQQ stock opened at $34.60 on Wednesday. The firm has a 50 day simple moving average of $33.56 and a 200-day simple moving average of $33.15. The company has a market capitalization of $392.71 million, a P/E ratio of 23.95 and a beta of 1.23. Emerging Markets Internet & Ecommerce ETF has a twelve month low of $27.60 and a twelve month high of $36.66.

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.