1,064,472 Shares in FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) Acquired by Grove Street Fiduciary LLC

Grove Street Fiduciary LLC acquired a new stake in FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,064,472 shares of the company’s stock, valued at approximately $13,364,000. FMQQ The Next Frontier Internet & Ecommerce ETF makes up approximately 7.0% of Grove Street Fiduciary LLC’s portfolio, making the stock its 5th biggest position. Grove Street Fiduciary LLC owned 48.83% of FMQQ The Next Frontier Internet & Ecommerce ETF at the end of the most recent quarter.

Separately, Capital Advisors Ltd. LLC boosted its holdings in FMQQ The Next Frontier Internet & Ecommerce ETF by 125.7% in the third 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.

FMQQ The Next Frontier Internet & Ecommerce ETF Stock Down 0.7 %

FMQQ stock opened at $13.12 on Friday. The stock’s 50 day moving average is $12.81 and its two-hundred day moving average is $13.17. FMQQ The Next Frontier Internet & Ecommerce ETF has a 52-week low of $11.13 and a 52-week high of $13.94. The company has a market capitalization of $28.60 million, a PE ratio of 29.24 and a beta of 1.10.

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.