Next Frontier Internet ETF (NYSEARCA:FMQQ – Get Free Report) shot up 3.9% during mid-day trading on Wednesday. The stock traded as high as $11.97 and last traded at $11.94. Approximately 23,277 shares changed hands during mid-day trading, an increase of 131% from the average session volume of 10,079 shares. The stock had previously closed at $11.49.
Next Frontier Internet ETF Trading Up 1.2%
The stock’s 50-day simple moving average is $12.22 and its 200-day simple moving average is $12.15. The firm has a market capitalization of $16.04 million, a P/E ratio of 21.89 and a beta of 1.11.
About Next Frontier Internet ETF
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.
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