International Assets Investment Management LLC Purchases Shares of 29,568 Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

International Assets Investment Management LLC acquired a new stake in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 29,568 shares of the company’s stock, valued at approximately $960,000. International Assets Investment Management LLC owned approximately 0.18% of Emerging Markets Internet & Ecommerce ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Greenwood Capital Associates LLC acquired a new stake in shares of Emerging Markets Internet & Ecommerce ETF during the third quarter worth $1,281,000. Austin Wealth Management LLC acquired a new position in shares of Emerging Markets Internet & Ecommerce ETF in the third quarter worth about $624,000. Ellis Investment Partners LLC increased its position in shares of Emerging Markets Internet & Ecommerce ETF by 31.2% in the third quarter. Ellis Investment Partners LLC now owns 41,842 shares of the company’s stock worth $1,229,000 after acquiring an additional 9,946 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its position in shares of Emerging Markets Internet & Ecommerce ETF by 4.4% in the third quarter. J.W. Cole Advisors Inc. now owns 58,441 shares of the company’s stock worth $1,717,000 after acquiring an additional 2,452 shares in the last quarter.

Emerging Markets Internet & Ecommerce ETF Stock Performance

Shares of NYSEARCA:EMQQ opened at $31.46 on Tuesday. The firm has a 50 day simple moving average of $30.94 and a 200 day simple moving average of $30.29. Emerging Markets Internet & Ecommerce ETF has a 52 week low of $27.32 and a 52 week high of $33.74. The company has a market cap of $358.64 million, a PE ratio of 22.94 and a beta of 1.23.

About Emerging Markets Internet & Ecommerce ETF

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.