FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) Shares Pass Above Fifty Day Moving Average – Should You Sell?

FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $13.46 and traded as high as $13.85. FMQQ The Next Frontier Internet & Ecommerce ETF shares last traded at $13.82, with a volume of 1,586 shares traded.

FMQQ The Next Frontier Internet & Ecommerce ETF Price Performance

The business has a 50-day moving average of $13.46 and a 200 day moving average of $12.91. The company has a market capitalization of $30.13 million, a PE ratio of 29.24 and a beta of 1.10.

Institutional Investors Weigh In On FMQQ The Next Frontier Internet & Ecommerce ETF

An institutional investor recently raised its position in FMQQ The Next Frontier Internet & Ecommerce ETF stock. Capital Advisors Ltd. LLC grew its stake in FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) by 88.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,628 shares of the company’s stock after purchasing an additional 22,850 shares during the period. Capital Advisors Ltd. LLC owned approximately 2.23% of FMQQ The Next Frontier Internet & Ecommerce ETF worth $601,000 at the end of the most recent reporting period.

FMQQ The Next Frontier Internet & Ecommerce ETF Company Profile

The FMQQ Next Frontier Internet & Ecommerce ETF (FMQQ) is an exchange-traded fund that is based on the FMQQ index. The fund is a passively managed fund that invests in internet and e-commerce companies from emerging and frontier markets. FMQQ was launched on Sep 28, 2021 and is managed by FMQQ.