Axxcess Wealth Management LLC Cuts Position in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

Axxcess Wealth Management LLC lowered its position in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 1.4% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 73,744 shares of the company’s stock after selling 1,013 shares during the quarter. Axxcess Wealth Management LLC owned about 0.65% of Emerging Markets Internet & Ecommerce ETF worth $2,448,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EMQQ. ORG Partners LLC purchased a new stake in Emerging Markets Internet & Ecommerce ETF during the second quarter worth approximately $31,000. Garden State Investment Advisory Services LLC purchased a new stake in Emerging Markets Internet & Ecommerce ETF during the 4th quarter worth $567,000. OLD Mission Capital LLC boosted its position in Emerging Markets Internet & Ecommerce ETF by 80.2% during the 4th quarter. OLD Mission Capital LLC now owns 310,013 shares of the company’s stock worth $9,552,000 after purchasing an additional 137,992 shares during the period. White Knight Strategic Wealth Advisors LLC increased its holdings in Emerging Markets Internet & Ecommerce ETF by 9.7% in the 4th quarter. White Knight Strategic Wealth Advisors LLC now owns 35,984 shares of the company’s stock valued at $1,109,000 after purchasing an additional 3,179 shares in the last quarter. Finally, CWM LLC raised its position in Emerging Markets Internet & Ecommerce ETF by 134.2% in the second quarter. CWM LLC now owns 1,644 shares of the company’s stock valued at $55,000 after purchasing an additional 942 shares during the period.

Emerging Markets Internet & Ecommerce ETF Price Performance

Shares of NYSEARCA EMQQ opened at $34.60 on Wednesday. Emerging Markets Internet & Ecommerce ETF has a 1-year low of $27.60 and a 1-year high of $36.66. The company has a market capitalization of $392.71 million, a price-to-earnings ratio of 23.95 and a beta of 1.23. The business has a 50-day moving average of $33.56 and a 200-day moving average of $33.15.

About Emerging Markets Internet & Ecommerce ETF

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.