Prospera Financial Services Inc Sells 1,624 Shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

Prospera Financial Services Inc decreased its holdings in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 21.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,011 shares of the company’s stock after selling 1,624 shares during the quarter. Prospera Financial Services Inc owned about 0.05% of Emerging Markets Internet & Ecommerce ETF worth $236,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. ORG Partners LLC bought a new position in shares of Emerging Markets Internet & Ecommerce ETF during the 2nd quarter worth about $31,000. Federated Hermes Inc. bought a new position in Emerging Markets Internet & Ecommerce ETF during the second quarter valued at about $32,000. CWM LLC raised its holdings in Emerging Markets Internet & Ecommerce ETF by 134.2% in the 2nd quarter. CWM LLC now owns 1,644 shares of the company’s stock valued at $55,000 after acquiring an additional 942 shares in the last quarter. Future Financial Wealth Managment LLC bought a new stake in shares of Emerging Markets Internet & Ecommerce ETF in the 3rd quarter worth approximately $92,000. Finally, Tidal Investments LLC acquired a new stake in shares of Emerging Markets Internet & Ecommerce ETF during the 1st quarter worth approximately $212,000.

Emerging Markets Internet & Ecommerce ETF Trading Up 1.2 %

Shares of NYSEARCA EMQQ opened at $37.40 on Tuesday. The firm has a market capitalization of $424.49 million, a price-to-earnings ratio of 23.95 and a beta of 1.23. Emerging Markets Internet & Ecommerce ETF has a one year low of $28.50 and a one year high of $41.67. The business has a fifty day simple moving average of $38.31 and a 200 day simple moving average of $35.44.

Emerging Markets Internet & Ecommerce ETF 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.