FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) Shares Up 1.6%

FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ)’s share price was up 1.6% on Thursday . The company traded as high as $12.20 and last traded at $12.20. Approximately 2,070 shares were traded during trading, a decline of 82% from the average daily volume of 11,797 shares. The stock had previously closed at $12.01.

FMQQ The Next Frontier Internet & Ecommerce ETF Stock Performance

The company has a market cap of $26.60 million, a PE ratio of 29.24 and a beta of 1.10. The company’s 50 day moving average price is $11.95 and its 200-day moving average price is $11.27.

Institutional Trading of FMQQ The Next Frontier Internet & Ecommerce ETF

A hedge fund recently raised its stake in FMQQ The Next Frontier Internet & Ecommerce ETF stock. Capital Advisors Ltd. LLC lifted its position in shares of FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) by 5,326.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 25,778 shares of the company’s stock after acquiring an additional 25,303 shares during the quarter. Capital Advisors Ltd. LLC owned approximately 1.21% of FMQQ The Next Frontier Internet & Ecommerce ETF worth $311,000 at the end of the most recent quarter.

About FMQQ The Next Frontier Internet & Ecommerce ETF

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.