Arete Wealth Advisors LLC Has $207,000 Stock Position in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

Arete Wealth Advisors LLC cut its stake in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 13.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,978 shares of the company’s stock after selling 909 shares during the period. Arete Wealth Advisors LLC owned approximately 0.05% of Emerging Markets Internet & Ecommerce ETF worth $207,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Grove Street Fiduciary LLC acquired a new position in shares of Emerging Markets Internet & Ecommerce ETF during the 4th quarter worth about $31,941,000. Venturi Wealth Management LLC increased its stake in Emerging Markets Internet & Ecommerce ETF by 24.7% in the fourth 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 in the last quarter. LPL Financial LLC raised its holdings in Emerging Markets Internet & Ecommerce ETF by 3.0% in the fourth quarter. LPL Financial LLC now owns 214,332 shares of the company’s stock worth $7,390,000 after purchasing an additional 6,219 shares during the period. Raymond James Financial Inc. bought a new position in shares of Emerging Markets Internet & Ecommerce ETF during the fourth quarter worth $5,454,000. Finally, Corient Private Wealth LLC boosted its position in shares of Emerging Markets Internet & Ecommerce ETF by 6.0% during the fourth quarter. Corient Private Wealth LLC now owns 71,218 shares of the company’s stock worth $2,456,000 after purchasing an additional 4,028 shares in the last quarter.

Emerging Markets Internet & Ecommerce ETF Stock Down 2.9 %

EMQQ opened at $33.86 on Tuesday. The stock has a market cap of $316.59 million, a P/E ratio of 21.40 and a beta of 0.66. Emerging Markets Internet & Ecommerce ETF has a 12 month low of $30.35 and a 12 month high of $41.67. The company has a fifty day simple moving average of $38.37 and a 200 day simple moving average of $37.63.

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.