Wells Fargo & Company MN Purchases New Holdings in Global X Emerging Markets ETF (NYSEARCA:EMM)

Wells Fargo & Company MN purchased a new position in shares of Global X Emerging Markets ETF (NYSEARCA:EMM) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,521 shares of the company’s stock, valued at approximately $40,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Trilogy Capital Inc. raised its stake in shares of Global X Emerging Markets ETF by 6.2% during the 4th quarter. Trilogy Capital Inc. now owns 139,082 shares of the company’s stock worth $3,692,000 after purchasing an additional 8,125 shares during the period. Strategic Financial Concepts LLC purchased a new stake in Global X Emerging Markets ETF during the fourth quarter worth about $266,000. Private Advisor Group LLC increased its holdings in Global X Emerging Markets ETF by 0.5% during the fourth quarter. Private Advisor Group LLC now owns 188,332 shares of the company’s stock worth $4,999,000 after buying an additional 965 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Global X Emerging Markets ETF in the fourth quarter worth about $562,000. Finally, RiverFront Investment Group LLC purchased a new position in Global X Emerging Markets ETF in the fourth quarter valued at about $246,000.

Global X Emerging Markets ETF Stock Up 0.6%

Shares of EMM stock opened at $28.03 on Thursday. The firm has a market cap of $18.52 million, a P/E ratio of 17.37 and a beta of 0.96. The company has a 50 day moving average of $25.59 and a 200-day moving average of $26.55. Global X Emerging Markets ETF has a 12-month low of $22.98 and a 12-month high of $29.94.

Global X Emerging Markets ETF Profile

The Global X Emerging Markets ETF (EMM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of emerging market companies of all sizes that are believed to be future leaders within their respective markets. EMM was launched on Sep 24, 2010 and is managed by Global X.