Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) Stake Reduced by Goldstein Advisors LLC

Goldstein Advisors LLC reduced its stake in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 19.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,378 shares of the company’s stock after selling 3,060 shares during the quarter. Goldstein Advisors LLC owned about 0.11% of Emerging Markets Internet & Ecommerce ETF worth $427,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. MML Investors Services LLC grew its stake 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 buying an additional 1,414 shares during the last quarter. Stifel Financial Corp grew its stake in Emerging Markets Internet & Ecommerce ETF by 44.4% during the 3rd 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 during the last quarter. White Knight Strategic Wealth Advisors LLC grew its stake in shares of Emerging Markets Internet & Ecommerce ETF by 1.1% in the third quarter. White Knight Strategic Wealth Advisors LLC now owns 33,053 shares of the company’s stock worth $1,296,000 after purchasing an additional 344 shares in the last quarter. RPg Family Wealth Advisory LLC grew its stake 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 purchasing an additional 16,263 shares in the last quarter. Finally, Brown Brothers Harriman & Co. bought a new position in shares of Emerging Markets Internet & Ecommerce ETF in the third quarter worth $53,000.

Emerging Markets Internet & Ecommerce ETF Stock Performance

NYSEARCA:EMQQ opened at $34.78 on Thursday. Emerging Markets Internet & Ecommerce ETF has a 1 year low of $28.75 and a 1 year high of $41.67. The stock has a market cap of $394.75 million, a price-to-earnings ratio of 23.95 and a beta of 1.23. The business has a fifty day moving average of $36.12 and a 200-day moving average of $35.92.

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.