Ellis Investment Partners LLC Has $979,000 Stock Position in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

Ellis Investment Partners LLC decreased its stake in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 4.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,396 shares of the company’s stock after selling 1,450 shares during the quarter. Ellis Investment Partners LLC owned about 0.25% of Emerging Markets Internet & Ecommerce ETF worth $979,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Brown Brothers Harriman & Co. acquired a new position in shares of Emerging Markets Internet & Ecommerce ETF during the 3rd quarter worth approximately $53,000. MML Investors Services LLC increased its holdings in shares of Emerging Markets Internet & Ecommerce ETF by 11.7% during the 3rd quarter. MML Investors Services LLC now owns 13,469 shares of the company’s stock worth $528,000 after acquiring an additional 1,414 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Emerging Markets Internet & Ecommerce ETF during the 3rd quarter worth approximately $999,000. White Knight Strategic Wealth Advisors LLC increased its holdings in shares of Emerging Markets Internet & Ecommerce ETF by 1.1% during the 3rd quarter. White Knight Strategic Wealth Advisors LLC now owns 33,053 shares of the company’s stock worth $1,296,000 after acquiring an additional 344 shares during the last quarter. Finally, Strategic Financial Concepts LLC acquired a new position in shares of Emerging Markets Internet & Ecommerce ETF during the 4th quarter worth approximately $1,183,000.

Emerging Markets Internet & Ecommerce ETF Trading Up 1.9 %

EMQQ stock opened at $39.49 on Friday. The firm has a market capitalization of $448.21 million, a PE ratio of 23.95 and a beta of 1.23. Emerging Markets Internet & Ecommerce ETF has a 1-year low of $29.86 and a 1-year high of $41.67. The business’s 50 day simple moving average is $35.98 and its 200 day simple moving average is $36.33.

Emerging Markets Internet & Ecommerce ETF Company 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.