Venturi Wealth Management LLC Raises Stock Holdings in Emerging Markets Internet ETF $EMQQ

Venturi Wealth Management LLC raised its stake in shares of Emerging Markets Internet ETF (NYSEARCA:EMQQ) by 517.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 58,594 shares of the company’s stock after acquiring an additional 49,110 shares during the period. Venturi Wealth Management LLC owned approximately 0.72% of Emerging Markets Internet ETF worth $1,938,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in EMQQ. Sunbelt Securities Inc. acquired a new stake in Emerging Markets Internet ETF in the 3rd quarter valued at approximately $30,000. Jessup Wealth Management Inc acquired a new stake in shares of Emerging Markets Internet ETF in the fourth quarter valued at $73,000. Farther Finance Advisors LLC grew its stake in shares of Emerging Markets Internet ETF by 84.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,452 shares of the company’s stock valued at $99,000 after buying an additional 1,123 shares in the last quarter. EMC Capital Management acquired a new position in Emerging Markets Internet ETF in the third quarter valued at $242,000. Finally, Stronghold Wealth Management L.L.C. acquired a new position in Emerging Markets Internet ETF in the fourth quarter valued at $283,000.

Emerging Markets Internet ETF Stock Performance

EMQQ opened at $30.65 on Friday. The business’s 50-day simple moving average is $32.85 and its 200-day simple moving average is $35.99. Emerging Markets Internet ETF has a one year low of $30.00 and a one year high of $47.00. The stock has a market capitalization of $249.80 million, a P/E ratio of 21.93 and a beta of 0.61.

Emerging Markets Internet 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.