Tradewinds Capital Management LLC Buys Shares of 5,016 Global X MSCI Next Emerging & Frontier ETF (NYSEARCA:EMFM)

Tradewinds Capital Management LLC bought a new position in shares of Global X MSCI Next Emerging & Frontier ETF (NYSEARCA:EMFM) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,016 shares of the company’s stock, valued at approximately $93,000.

Global X MSCI Next Emerging & Frontier ETF Price Performance

Shares of EMFM remained flat at $18.64 during midday trading on Wednesday. The company’s 50-day simple moving average is $18.60 and its 200-day simple moving average is $18.55. Global X MSCI Next Emerging & Frontier ETF has a 52-week low of $18.36 and a 52-week high of $18.66. The company has a market cap of $16.77 million, a price-to-earnings ratio of 11.89 and a beta of 0.39.

Global X MSCI Next Emerging & Frontier ETF Company Profile

The Global X Next Emerging & Frontier ETF (EMFM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging and frontier markets, excluding BRIC, Taiwan and South Korea. EMFM was launched on Nov 7, 2013 and is managed by Global X.