Axxcess Wealth Management LLC Sells 8,913 Shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

Axxcess Wealth Management LLC lessened its holdings in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 12.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 64,820 shares of the company’s stock after selling 8,913 shares during the quarter. Axxcess Wealth Management LLC owned about 0.57% of Emerging Markets Internet & Ecommerce ETF worth $2,235,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Stifel Financial Corp raised its stake in Emerging Markets Internet & Ecommerce ETF by 44.4% during the 3rd quarter. Stifel Financial Corp now owns 42,779 shares of the company’s stock valued at $1,677,000 after purchasing an additional 13,147 shares during the period. Venturi Wealth Management LLC raised its stake in Emerging Markets Internet & Ecommerce ETF by 24.7% during the 4th quarter. Venturi Wealth Management LLC now owns 448,651 shares of the company’s stock valued at $15,469,000 after purchasing an additional 88,975 shares during the period. Strategic Financial Concepts LLC purchased a new position in Emerging Markets Internet & Ecommerce ETF during the 4th quarter valued at approximately $1,183,000. Opulen Financial Group LLC purchased a new position in Emerging Markets Internet & Ecommerce ETF during the 4th quarter valued at approximately $673,000. Finally, J.W. Cole Advisors Inc. grew its holdings in Emerging Markets Internet & Ecommerce ETF by 1.8% during the 4th quarter. J.W. Cole Advisors Inc. now owns 62,895 shares of the company’s stock valued at $2,169,000 after buying an additional 1,101 shares in the last quarter.

Emerging Markets Internet & Ecommerce ETF Price Performance

NYSEARCA EMQQ opened at $40.39 on Thursday. The stock has a market capitalization of $377.65 million, a PE ratio of 22.09 and a beta of 0.67. The business has a 50 day simple moving average of $37.41 and a two-hundred day simple moving average of $37.24. Emerging Markets Internet & Ecommerce ETF has a 1-year low of $30.35 and a 1-year high of $41.67.

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.