FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) Trading 1.2% Higher – Here’s Why

Posted by Faye Duncan on Jan 25th, 2025

Shares of FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ – Get Free Report) rose 1.2% during trading on Thursday . The stock traded as high as $12.57 and last traded at $12.55. Approximately 13,388 shares traded hands during mid-day trading, an increase of 97% from the average daily volume of 6,813 shares. The stock had previously closed at $12.40.

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

The business has a 50-day simple moving average of $13.05 and a two-hundred day simple moving average of $13.10. The stock has a market capitalization of $27.23 million, a P/E ratio of 29.24 and a beta of 1.10.

Hedge Funds Weigh In On FMQQ The Next Frontier Internet & Ecommerce ETF

An institutional investor recently raised its position in FMQQ The Next Frontier Internet & Ecommerce ETF stock. Capital Advisors Ltd. LLC lifted its holdings in FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ – Free Report) by 125.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,760 shares of the company’s stock after acquiring an additional 61,132 shares during the quarter. Capital Advisors Ltd. LLC owned approximately 5.03% of FMQQ The Next Frontier Internet & Ecommerce ETF worth $1,482,000 at the end of the most recent reporting period.

About FMQQ The Next Frontier Internet & Ecommerce ETF

(Get Free Report)

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.