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

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

FMQQ The Next Frontier Internet & Ecommerce ETF Price Performance

The stock has a market capitalization of $27.17 million, a P/E ratio of 29.24 and a beta of 1.10. The firm’s 50 day moving average price is $11.97 and its 200 day moving average price is $11.29.

Hedge Funds 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 lifted its stake in shares of FMQQ The Next Frontier Internet & Ecommerce ETF (NYSEARCA:FMQQ) by 5,326.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,778 shares of the company’s stock after buying an additional 25,303 shares during the quarter. Capital Advisors Ltd. LLC owned about 1.21% of FMQQ The Next Frontier Internet & Ecommerce ETF worth $311,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.