FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) Stock Price Up 0.2%

FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) rose 0.2% during trading on Monday . The stock traded as high as $12.24 and last traded at $12.22. Approximately 6,822 shares traded hands during trading, a decline of 32% from the average daily volume of 10,073 shares. The stock had previously closed at $12.20.

FMQQ The Next Frontier Internet & Ecommerce ETF Stock Performance

The company has a market capitalization of $26.65 million, a PE ratio of 29.24 and a beta of 1.10. The firm’s 50-day simple moving average is $12.21 and its 200 day simple moving average is $11.75.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in FMQQ The Next Frontier Internet & Ecommerce ETF stock. Capital Advisors Ltd. LLC lifted its position in shares of FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) by 5,326.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 25,778 shares of the company’s stock after buying an additional 25,303 shares during the quarter. Capital Advisors Ltd. LLC owned approximately 1.21% of FMQQ The Next Frontier Internet & Ecommerce ETF worth $311,000 at the end of the most recent quarter.

About FMQQ The Next Frontier Internet & Ecommerce ETF

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.