Venturi Wealth Management LLC Decreases Position in Emerging Markets Internet ETF $EMQQ

Venturi Wealth Management LLC decreased its stake in Emerging Markets Internet ETF (NYSEARCA:EMQQ) by 97.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,516 shares of the company’s stock after selling 391,712 shares during the period. Venturi Wealth Management LLC owned approximately 0.13% of Emerging Markets Internet ETF worth $480,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Jane Street Group LLC purchased a new position in Emerging Markets Internet ETF in the first quarter valued at about $1,462,000. OLD Mission Capital LLC purchased a new position in Emerging Markets Internet ETF in the first quarter valued at about $1,565,000. RPg Family Wealth Advisory LLC boosted its holdings in Emerging Markets Internet ETF by 5.0% in the first quarter. RPg Family Wealth Advisory LLC now owns 63,926 shares of the company’s stock valued at $2,439,000 after purchasing an additional 3,026 shares during the last quarter. CW Advisors LLC purchased a new position in Emerging Markets Internet ETF in the first quarter valued at about $902,000. Finally, Ethos Financial Group LLC purchased a new position in Emerging Markets Internet ETF in the first quarter valued at about $452,000.

Emerging Markets Internet ETF Stock Performance

Shares of EMQQ opened at $45.87 on Friday. The company has a market capitalization of $403.66 million, a P/E ratio of 21.93 and a beta of 0.75. Emerging Markets Internet ETF has a one year low of $32.79 and a one year high of $47.00. The stock has a 50-day moving average price of $44.13 and a 200 day moving average price of $41.01.

Emerging Markets Internet 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.