Strategic Financial Concepts LLC Purchases New Position in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

Strategic Financial Concepts LLC acquired a new position in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 34,310 shares of the company’s stock, valued at approximately $1,183,000. Strategic Financial Concepts LLC owned 0.30% of Emerging Markets Internet & Ecommerce ETF at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of EMQQ. Brown Brothers Harriman & Co. purchased a new stake in shares of Emerging Markets Internet & Ecommerce ETF in the third quarter worth about $53,000. Prospect Financial Services LLC increased its holdings in Emerging Markets Internet & Ecommerce ETF by 8.0% during the 3rd quarter. Prospect Financial Services LLC now owns 8,445 shares of the company’s stock worth $331,000 after acquiring an additional 625 shares during the period. MML Investors Services LLC increased its holdings in Emerging Markets Internet & Ecommerce ETF by 11.7% during the 3rd quarter. MML Investors Services LLC now owns 13,469 shares of the company’s stock worth $528,000 after acquiring an additional 1,414 shares during the period. International Assets Investment Management LLC purchased a new stake in Emerging Markets Internet & Ecommerce ETF in the 3rd quarter worth approximately $999,000. Finally, Cetera Investment Advisers boosted its holdings in Emerging Markets Internet & Ecommerce ETF by 69.4% in the 2nd quarter. Cetera Investment Advisers now owns 30,950 shares of the company’s stock valued at $1,027,000 after purchasing an additional 12,676 shares during the period.

Emerging Markets Internet & Ecommerce ETF Stock Performance

Shares of EMQQ stock opened at $37.72 on Wednesday. The company has a market capitalization of $428.12 million, a PE ratio of 23.95 and a beta of 1.23. Emerging Markets Internet & Ecommerce ETF has a 52-week low of $29.36 and a 52-week high of $41.67. The business’s fifty day moving average is $35.90 and its 200 day moving average is $36.18.

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.