Fernwood Investment Management LLC Has $1.05 Million Stock Holdings in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

Fernwood Investment Management LLC decreased its stake in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 9.1% during the 4th quarter, Holdings Channel reports. The firm owned 34,161 shares of the company’s stock after selling 3,406 shares during the period. Fernwood Investment Management LLC’s holdings in Emerging Markets Internet & Ecommerce ETF were worth $1,052,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Capital Analysts LLC increased its position in shares of Emerging Markets Internet & Ecommerce ETF by 92.1% during the 4th quarter. Capital Analysts LLC now owns 1,112 shares of the company’s stock worth $34,000 after purchasing an additional 533 shares during the last quarter. J.W. Cole Advisors Inc. increased its position in shares of Emerging Markets Internet & Ecommerce ETF by 3.8% during the 4th quarter. J.W. Cole Advisors Inc. now owns 60,645 shares of the company’s stock worth $1,868,000 after purchasing an additional 2,204 shares during the last quarter. Ellis Investment Partners LLC increased its position in shares of Emerging Markets Internet & Ecommerce ETF by 31.2% during the 3rd quarter. Ellis Investment Partners LLC now owns 41,842 shares of the company’s stock worth $1,229,000 after purchasing an additional 9,946 shares during the last quarter. Austin Wealth Management LLC acquired a new position in shares of Emerging Markets Internet & Ecommerce ETF during the 3rd quarter worth approximately $624,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Emerging Markets Internet & Ecommerce ETF during the 4th quarter worth approximately $960,000.

Emerging Markets Internet & Ecommerce ETF Stock Up 0.6 %

Shares of NYSEARCA EMQQ traded up $0.19 during midday trading on Monday, hitting $33.16. 34,980 shares of the company’s stock were exchanged, compared to its average volume of 58,912. Emerging Markets Internet & Ecommerce ETF has a 12 month low of $27.32 and a 12 month high of $33.74. The company’s 50 day moving average price is $31.13 and its 200 day moving average price is $30.36. The firm has a market capitalization of $378.02 million, a PE ratio of 22.94 and a beta of 1.23.

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.