HighTower Advisors LLC Sells 7,964 Shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

HighTower Advisors LLC reduced its holdings in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 31.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 17,193 shares of the company’s stock after selling 7,964 shares during the period. HighTower Advisors LLC’s holdings in Emerging Markets Internet & Ecommerce ETF were worth $593,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of EMQQ. MML Investors Services LLC boosted its holdings in 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 worth $528,000 after acquiring an additional 1,414 shares in the last quarter. Opulen Financial Group LLC bought a new position in Emerging Markets Internet & Ecommerce ETF in the 4th quarter valued at $673,000. Strategic Financial Concepts LLC purchased a new stake in Emerging Markets Internet & Ecommerce ETF during the fourth quarter worth about $1,183,000. White Knight Strategic Wealth Advisors LLC increased its stake 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 purchasing an additional 344 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in shares of Emerging Markets Internet & Ecommerce ETF by 44.4% in 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 during the period.

Emerging Markets Internet & Ecommerce ETF Price Performance

Emerging Markets Internet & Ecommerce ETF stock opened at $38.43 on Friday. The firm has a market capitalization of $359.32 million, a P/E ratio of 22.09 and a beta of 0.67. Emerging Markets Internet & Ecommerce ETF has a one year low of $30.35 and a one year high of $41.67. The business has a fifty day moving average price of $38.15 and a 200-day moving average price of $37.51.

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.