FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) Shares Down 0.4%

FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ)’s share price was down 0.4% on Monday . The company traded as low as $13.48 and last traded at $13.52. Approximately 11,125 shares traded hands during mid-day trading, an increase of 28% from the average daily volume of 8,692 shares. The stock had previously closed at $13.58.

FMQQ The Next Frontier Internet & Ecommerce ETF Trading Down 0.4 %

The firm has a market cap of $29.48 million, a P/E ratio of 29.24 and a beta of 1.10. The business’s fifty day simple moving average is $12.84 and its 200-day simple moving average is $12.40.

Institutional Inflows and Outflows

An institutional investor recently raised its position in FMQQ The Next Frontier Internet & Ecommerce ETF stock. Capital Advisors Ltd. LLC boosted its stake in FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) by 88.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,628 shares of the company’s stock after purchasing an additional 22,850 shares during the quarter. Capital Advisors Ltd. LLC owned about 2.23% of FMQQ The Next Frontier Internet & Ecommerce ETF worth $601,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.