HighTower Advisors LLC Has $993,000 Holdings in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

HighTower Advisors LLC lessened its stake in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 21.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,157 shares of the company’s stock after selling 6,681 shares during the period. HighTower Advisors LLC owned 0.22% of Emerging Markets Internet & Ecommerce ETF worth $993,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. CWM LLC increased its position in Emerging Markets Internet & Ecommerce ETF by 134.2% during the second quarter. CWM LLC now owns 1,644 shares of the company’s stock worth $55,000 after acquiring an additional 942 shares during the period. Raymond James & Associates raised its stake in shares of Emerging Markets Internet & Ecommerce ETF by 7.5% in the 2nd quarter. Raymond James & Associates now owns 155,202 shares of the company’s stock valued at $5,151,000 after buying an additional 10,796 shares in the last quarter. Federated Hermes Inc. bought a new position in shares of Emerging Markets Internet & Ecommerce ETF during the 2nd quarter worth approximately $32,000. J.W. Cole Advisors Inc. lifted its holdings in Emerging Markets Internet & Ecommerce ETF by 1.8% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 61,002 shares of the company’s stock valued at $2,025,000 after purchasing an additional 1,086 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in Emerging Markets Internet & Ecommerce ETF by 69.4% during the 2nd quarter. Cetera Investment Advisers now owns 30,950 shares of the company’s stock worth $1,027,000 after acquiring an additional 12,676 shares during the last quarter.

Emerging Markets Internet & Ecommerce ETF Stock Performance

Shares of Emerging Markets Internet & Ecommerce ETF stock opened at $37.25 on Wednesday. Emerging Markets Internet & Ecommerce ETF has a 52 week low of $28.50 and a 52 week high of $41.67. The firm has a fifty day moving average of $38.06 and a two-hundred day moving average of $35.73. The stock has a market capitalization of $422.79 million, a price-to-earnings ratio of 23.95 and a beta of 1.23.

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.