RiverFront Investment Group LLC purchased a new position in shares of Global X Emerging Markets ETF (NYSEARCA:EMM – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 9,266 shares of the company’s stock, valued at approximately $246,000. RiverFront Investment Group LLC owned about 0.95% of Global X Emerging Markets ETF as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in EMM. Strategic Financial Concepts LLC purchased a new position in shares of Global X Emerging Markets ETF during the fourth quarter worth approximately $266,000. Raymond James Financial Inc. acquired a new stake in Global X Emerging Markets ETF during the 4th quarter worth $562,000. Trilogy Capital Inc. grew its position in Global X Emerging Markets ETF by 6.2% during the 4th quarter. Trilogy Capital Inc. now owns 139,082 shares of the company’s stock worth $3,692,000 after purchasing an additional 8,125 shares during the last quarter. Finally, Private Advisor Group LLC increased its stake in Global X Emerging Markets ETF by 0.5% in the fourth quarter. Private Advisor Group LLC now owns 188,332 shares of the company’s stock valued at $4,999,000 after purchasing an additional 965 shares during the period.
Global X Emerging Markets ETF Stock Performance
Shares of NYSEARCA:EMM opened at $25.44 on Friday. Global X Emerging Markets ETF has a one year low of $24.83 and a one year high of $29.94. The stock has a market capitalization of $16.81 million, a price-to-earnings ratio of 19.62 and a beta of 0.96. The company has a 50-day simple moving average of $26.28 and a 200-day simple moving average of $27.22.
About Global X Emerging Markets ETF
The Global X Emerging Markets ETF (EMM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of emerging market companies of all sizes that are believed to be future leaders within their respective markets. EMM was launched on Sep 24, 2010 and is managed by Global X.
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