Vontobel Holding Ltd. Reduces Stock Position in Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ)

Vontobel Holding Ltd. reduced its position in shares of Emerging Markets Internet & Ecommerce ETF (NYSEARCA:EMQQ) by 10.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,718 shares of the company’s stock after selling 1,300 shares during the period. Vontobel Holding Ltd. owned 0.07% of Emerging Markets Internet & Ecommerce ETF worth $330,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of EMQQ. Greenwood Capital Associates LLC purchased a new stake in shares of Emerging Markets Internet & Ecommerce ETF during the third quarter worth about $1,281,000. J.W. Cole Advisors Inc. lifted its holdings in Emerging Markets Internet & Ecommerce ETF by 4.4% in the third quarter. J.W. Cole Advisors Inc. now owns 58,441 shares of the company’s stock worth $1,717,000 after buying an additional 2,452 shares during the period. Ellis Investment Partners LLC lifted its holdings in Emerging Markets Internet & Ecommerce ETF by 31.2% in the third quarter. Ellis Investment Partners LLC now owns 41,842 shares of the company’s stock worth $1,229,000 after buying an additional 9,946 shares during the period. Austin Wealth Management LLC purchased a new stake in Emerging Markets Internet & Ecommerce ETF in the third quarter worth about $624,000. Finally, International Assets Investment Management LLC purchased a new stake in Emerging Markets Internet & Ecommerce ETF in the fourth quarter worth about $960,000.

Emerging Markets Internet & Ecommerce ETF Price Performance

Shares of EMQQ opened at $32.22 on Wednesday. Emerging Markets Internet & Ecommerce ETF has a one year low of $27.32 and a one year high of $33.74. The company has a 50-day simple moving average of $30.99 and a two-hundred day simple moving average of $30.31. The firm has a market capitalization of $367.31 million, a PE ratio of 22.94 and a beta of 1.23.

About Emerging Markets Internet & Ecommerce ETF

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.