FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) Trading Down 0.5% – What’s Next?

Shares of FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) fell 0.5% during trading on Friday . The stock traded as low as $13.09 and last traded at $13.13. 9,651 shares were traded during mid-day trading, an increase of 71% from the average session volume of 5,638 shares. The stock had previously closed at $13.19.

FMQQ The Next Frontier Internet & Ecommerce ETF Trading Down 0.5 %

The firm’s fifty day moving average price is $12.85 and its 200 day moving average price is $13.14. The firm has a market capitalization of $28.62 million, a PE ratio of 29.24 and a beta of 1.10.

Institutional Trading of FMQQ The Next Frontier Internet & Ecommerce ETF

Several large investors have recently made changes to their positions in the business. Grove Street Fiduciary LLC acquired a new position in shares of FMQQ The Next Frontier Internet & Ecommerce ETF in the 4th quarter valued at $13,364,000. Capital Advisors Ltd. LLC lifted its stake in shares of FMQQ The Next Frontier Internet & Ecommerce ETF by 125.7% in the 3rd quarter. Capital Advisors Ltd. LLC now owns 109,760 shares of the company’s stock valued at $1,482,000 after purchasing an additional 61,132 shares during the period. Finally, OLD Mission Capital LLC acquired a new position in shares of FMQQ The Next Frontier Internet & Ecommerce ETF in the 4th quarter valued at $581,000.

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.