Greykasell Wealth Strategies Inc. Makes New $1.78 Million Investment in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

Greykasell Wealth Strategies Inc. purchased a new position in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 51,702 shares of the company’s stock, valued at approximately $1,783,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Opulen Financial Group LLC purchased a new position in Emerging Markets Internet & Ecommerce ETF in the 4th quarter worth approximately $673,000. Raymond James Financial Inc. purchased a new position in shares of Emerging Markets Internet & Ecommerce ETF during the 4th quarter valued at approximately $5,454,000. Grove Street Fiduciary LLC purchased a new position in shares of Emerging Markets Internet & Ecommerce ETF during the 4th quarter valued at approximately $31,941,000. Venturi Wealth Management LLC boosted its stake in shares of Emerging Markets Internet & Ecommerce ETF by 24.7% during the 4th quarter. Venturi Wealth Management LLC now owns 448,651 shares of the company’s stock valued at $15,469,000 after buying an additional 88,975 shares during the last quarter. Finally, J.W. Cole Advisors Inc. boosted its stake in shares of Emerging Markets Internet & Ecommerce ETF by 1.8% during the 4th quarter. J.W. Cole Advisors Inc. now owns 62,895 shares of the company’s stock valued at $2,169,000 after buying an additional 1,101 shares during the last quarter.

Emerging Markets Internet & Ecommerce ETF Trading Up 2.3 %

Emerging Markets Internet & Ecommerce ETF stock opened at $39.39 on Friday. The stock has a market cap of $372.24 million, a P/E ratio of 22.67 and a beta of 0.66. The stock has a 50 day moving average of $37.05 and a 200-day moving average of $37.08. Emerging Markets Internet & Ecommerce ETF has a 52 week low of $30.35 and a 52 week high of $41.67.

Emerging Markets Internet & Ecommerce ETF Company Profile

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.