FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) Shares Down 0.5% – What’s Next?

FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) was down 0.5% during trading on Friday . The stock traded as low as $13.09 and last traded at $13.13. Approximately 9,651 shares changed hands during trading, an increase of 71% from the average daily volume of 5,638 shares. The stock had previously closed at $13.19.

FMQQ The Next Frontier Internet & Ecommerce ETF Price Performance

The firm has a 50-day moving average of $12.85 and a 200 day moving average of $13.15. The stock has a market capitalization of $28.62 million, a price-to-earnings ratio of 29.24 and a beta of 1.10.

Institutional Trading of FMQQ The Next Frontier Internet & Ecommerce ETF

Large investors have recently added to or reduced their stakes in the company. Capital Advisors Ltd. LLC lifted its holdings in FMQQ The Next Frontier Internet & Ecommerce ETF by 125.7% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 109,760 shares of the company’s stock valued at $1,482,000 after purchasing an additional 61,132 shares during the last quarter. Grove Street Fiduciary LLC acquired a new stake in shares of FMQQ The Next Frontier Internet & Ecommerce ETF during the fourth quarter worth $13,364,000. Finally, OLD Mission Capital LLC acquired a new stake in FMQQ The Next Frontier Internet & Ecommerce ETF in the 4th quarter worth about $581,000.

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.