FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) Trading Up 1.2% – What’s Next?

FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ)’s share price rose 1.2% during trading on Thursday . The company traded as high as $12.57 and last traded at $12.55. Approximately 13,388 shares changed 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 Price Performance

The company has a market capitalization of $27.23 million, a price-to-earnings ratio of 29.24 and a beta of 1.10. The firm has a 50-day moving average price of $13.05 and a two-hundred day moving average price of $13.10.

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

A hedge fund recently raised its stake in FMQQ The Next Frontier Internet & Ecommerce ETF stock. Capital Advisors Ltd. LLC raised its holdings in FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) by 125.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 109,760 shares of the company’s stock after buying an additional 61,132 shares during the period. Capital Advisors Ltd. LLC owned about 5.03% of FMQQ The Next Frontier Internet & Ecommerce ETF worth $1,482,000 at the end of the most recent quarter.

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.