Global X Emerging Markets ETF (NYSEARCA:EMM) Stake Boosted by Private Advisor Group LLC

Private Advisor Group LLC increased its stake in Global X Emerging Markets ETF (NYSEARCA:EMM) by 9.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 195,393 shares of the company’s stock after purchasing an additional 16,915 shares during the period. Private Advisor Group LLC owned 18.43% of Global X Emerging Markets ETF worth $5,108,000 at the end of the most recent reporting period.

Separately, Commonwealth Equity Services LLC bought a new stake in Global X Emerging Markets ETF in the 3rd quarter valued at about $385,000.

Global X Emerging Markets ETF Trading Up 0.4 %

NYSEARCA EMM opened at $27.09 on Thursday. Global X Emerging Markets ETF has a 52 week low of $22.76 and a 52 week high of $28.00. The stock has a market cap of $26.29 million, a price-to-earnings ratio of 21.20 and a beta of 0.96. The company has a 50-day moving average price of $27.00 and a two-hundred day moving average price of $25.92.

About Global X Emerging Markets ETF

The Global X Emerging Markets ETF (EMM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of emerging market companies of all sizes that are believed to be future leaders within their respective markets. EMM was launched on Sep 24, 2010 and is managed by Global X.