FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) Shares Down 0.4% – Time to Sell?

FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) shares traded down 0.4% during trading on Thursday . The company traded as low as $12.77 and last traded at $12.82. 7,132 shares were traded during trading, a decline of 14% from the average session volume of 8,255 shares. The stock had previously closed at $12.87.

FMQQ The Next Frontier Internet & Ecommerce ETF Price Performance

The stock has a market capitalization of $27.95 million, a price-to-earnings ratio of 29.24 and a beta of 1.10. The company has a 50-day simple moving average of $13.42 and a two-hundred day simple moving average of $13.07.

Institutional Trading of 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 increased its position in shares of FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) by 125.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,760 shares of the company’s stock after purchasing an additional 61,132 shares during the period. Capital Advisors Ltd. LLC owned 5.03% of FMQQ The Next Frontier Internet & Ecommerce ETF worth $1,482,000 at the end of the most recent quarter.

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.