FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) Trading Up 2.1% – Should You Buy?

FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) traded up 2.1% on Monday . The company traded as high as $12.77 and last traded at $12.77. 976 shares were traded during trading, a decline of 85% from the average session volume of 6,502 shares. The stock had previously closed at $12.51.

FMQQ The Next Frontier Internet & Ecommerce ETF Stock Up 2.0 %

The business’s 50 day moving average is $12.68 and its two-hundred day moving average is $13.12. The firm has a market capitalization of $28.49 million, a P/E ratio of 27.06 and a beta of 1.19.

Institutional Investors Weigh In On FMQQ The Next Frontier Internet & Ecommerce ETF

A number of hedge funds and other institutional investors have recently modified their holdings of FMQQ. Grove Street Fiduciary LLC bought a new stake in FMQQ The Next Frontier Internet & Ecommerce ETF in the fourth quarter worth about $13,364,000. OLD Mission Capital LLC bought a new stake in FMQQ The Next Frontier Internet & Ecommerce ETF in the fourth quarter worth about $581,000. Finally, Capital Advisors Ltd. LLC raised its position in FMQQ The Next Frontier Internet & Ecommerce ETF by 3.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 113,105 shares of the company’s stock worth $1,420,000 after acquiring an additional 3,345 shares in the last quarter.

FMQQ The Next Frontier Internet & Ecommerce ETF Company Profile

The FMQQ Next Frontier Internet & Ecommerce ETF (FMQQ) is an exchange-traded fund that is based on the FMQQ index. The fund is a passively managed fund that invests in internet and e-commerce companies from emerging and frontier markets. FMQQ was launched on Sep 28, 2021 and is managed by FMQQ.