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 traded hands during mid-day 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 Up 2.2 %

The business’s 50 day simple moving average is $11.97 and its two-hundred day simple moving average is $11.29. The stock has a market cap of $27.17 million, a P/E ratio of 29.24 and a beta of 1.10.

Institutional Investors Weigh In On FMQQ The Next Frontier Internet & Ecommerce ETF

An institutional investor recently raised its position in FMQQ The Next Frontier Internet & Ecommerce ETF stock. Capital Advisors Ltd. LLC grew its position in shares of FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) by 5,326.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,778 shares of the company’s stock after purchasing 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 as of its most recent SEC filing.

FMQQ The Next Frontier Internet & Ecommerce ETF Company Profile

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.