Creative Financial Designs Inc. ADV Sells 960 Shares of First Trust Bloomberg Emerging Market Democracies ETF (NYSEARCA:EMDM)

Creative Financial Designs Inc. ADV cut its stake in First Trust Bloomberg Emerging Market Democracies ETF (NYSEARCA:EMDM) by 5.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,838 shares of the company’s stock after selling 960 shares during the quarter. Creative Financial Designs Inc. ADV owned about 5.61% of First Trust Bloomberg Emerging Market Democracies ETF worth $343,000 at the end of the most recent quarter.

Separately, Naples Global Advisors LLC raised its holdings in First Trust Bloomberg Emerging Market Democracies ETF by 7.9% in the 4th quarter. Naples Global Advisors LLC now owns 45,591 shares of the company’s stock worth $929,000 after purchasing an additional 3,350 shares in the last quarter.

First Trust Bloomberg Emerging Market Democracies ETF Trading Down 0.2 %

Shares of NYSEARCA EMDM opened at $22.17 on Wednesday. The firm has a fifty day simple moving average of $21.22 and a two-hundred day simple moving average of $22.10. The firm has a market capitalization of $7.76 million, a PE ratio of 12.03 and a beta of 0.88. First Trust Bloomberg Emerging Market Democracies ETF has a 12 month low of $20.21 and a 12 month high of $25.27.

First Trust Bloomberg Emerging Market Democracies ETF Company Profile

The First Trust Exchange-Traded Fun (EMDM) is an exchange-traded fund that mostly invests in total market equity. The fund follows a principles-based index of large- and mid-cap companies located in emerging market countries considered to have electoral democracy. Holdings are weighted based on a combination of governance score and market capitalization.