Trek Financial LLC Takes Position in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

Trek Financial LLC bought a new position in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 186,677 shares of the company’s stock, valued at approximately $6,437,000. Trek Financial LLC owned about 1.64% of Emerging Markets Internet & Ecommerce ETF at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. MML Investors Services LLC lifted its position in shares of Emerging Markets Internet & Ecommerce ETF by 11.7% in the third quarter. MML Investors Services LLC now owns 13,469 shares of the company’s stock valued at $528,000 after acquiring an additional 1,414 shares in the last quarter. Opulen Financial Group LLC purchased a new stake in shares of Emerging Markets Internet & Ecommerce ETF during the 4th quarter worth about $673,000. Strategic Financial Concepts LLC purchased a new position in Emerging Markets Internet & Ecommerce ETF in the fourth quarter valued at approximately $1,183,000. Stifel Financial Corp lifted its position in Emerging Markets Internet & Ecommerce ETF by 44.4% during the third quarter. Stifel Financial Corp now owns 42,779 shares of the company’s stock valued at $1,677,000 after buying an additional 13,147 shares in the last quarter. Finally, Greykasell Wealth Strategies Inc. purchased a new stake in Emerging Markets Internet & Ecommerce ETF during the fourth quarter worth approximately $1,783,000.

Emerging Markets Internet & Ecommerce ETF Trading Down 7.3 %

Shares of EMQQ stock opened at $34.87 on Friday. The company has a market cap of $326.03 million, a PE ratio of 21.40 and a beta of 0.66. The company’s fifty day simple moving average is $38.40 and its 200-day simple moving average is $37.62. Emerging Markets Internet & Ecommerce ETF has a 52 week low of $30.35 and a 52 week high of $41.67.

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.