Raymond James Financial Inc. Buys Shares of 158,187 Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

Raymond James Financial Inc. purchased a new position in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 158,187 shares of the company’s stock, valued at approximately $5,454,000.

Other large investors also recently modified their holdings of the company. Grove Street Fiduciary LLC purchased a new stake in Emerging Markets Internet & Ecommerce ETF in the 4th quarter worth approximately $31,941,000. Venturi Wealth Management LLC increased its holdings in shares of Emerging Markets Internet & Ecommerce ETF by 24.7% in the fourth quarter. Venturi Wealth Management LLC now owns 448,651 shares of the company’s stock worth $15,469,000 after purchasing an additional 88,975 shares during the period. J.W. Cole Advisors Inc. raised its position in shares of Emerging Markets Internet & Ecommerce ETF by 1.8% in the fourth quarter. J.W. Cole Advisors Inc. now owns 62,895 shares of the company’s stock worth $2,169,000 after buying an additional 1,101 shares in the last quarter. RPg Family Wealth Advisory LLC raised its position in shares of Emerging Markets Internet & Ecommerce ETF by 36.6% in the third quarter. RPg Family Wealth Advisory LLC now owns 60,667 shares of the company’s stock worth $2,379,000 after buying an additional 16,263 shares in the last quarter. Finally, Stifel Financial Corp grew its position in Emerging Markets Internet & Ecommerce ETF by 44.4% during the third quarter. Stifel Financial Corp now owns 42,779 shares of the company’s stock worth $1,677,000 after buying an additional 13,147 shares in the last quarter.

Emerging Markets Internet & Ecommerce ETF Stock Up 0.8 %

Shares of NYSEARCA EMQQ opened at $39.69 on Tuesday. The stock’s 50-day simple moving average is $37.77 and its two-hundred day simple moving average is $37.38. Emerging Markets Internet & Ecommerce ETF has a twelve month low of $30.35 and a twelve month high of $41.67. The firm has a market capitalization of $371.10 million, a P/E ratio of 22.09 and a beta of 0.67.

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.