Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) Shares Sold by Sanctuary Wealth Management L.L.C.

Sanctuary Wealth Management L.L.C. lowered its position in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 68.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,625 shares of the company’s stock after selling 7,913 shares during the quarter. Sanctuary Wealth Management L.L.C.’s holdings in Emerging Markets Internet & Ecommerce ETF were worth $125,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Grove Street Fiduciary LLC acquired a new stake in Emerging Markets Internet & Ecommerce ETF during the fourth quarter worth $31,941,000. Raymond James Financial Inc. acquired a new stake in shares of Emerging Markets Internet & Ecommerce ETF during the 4th quarter worth about $5,454,000. Venturi Wealth Management LLC raised its holdings in Emerging Markets Internet & Ecommerce ETF by 24.7% in the 4th quarter. Venturi Wealth Management LLC now owns 448,651 shares of the company’s stock valued at $15,469,000 after buying an additional 88,975 shares during the period. Greykasell Wealth Strategies Inc. acquired a new position in Emerging Markets Internet & Ecommerce ETF in the fourth quarter valued at about $1,783,000. Finally, Strategic Financial Concepts LLC purchased a new position in Emerging Markets Internet & Ecommerce ETF during the fourth quarter worth about $1,183,000.

Emerging Markets Internet & Ecommerce ETF Stock Performance

Emerging Markets Internet & Ecommerce ETF stock opened at $38.43 on Friday. The company’s 50 day simple moving average is $38.15 and its 200-day simple moving average is $37.51. Emerging Markets Internet & Ecommerce ETF has a 1 year low of $30.35 and a 1 year high of $41.67. The company has a market capitalization of $359.32 million, a price-to-earnings 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.