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

Venturi Wealth Management LLC boosted its holdings in shares of Emerging Markets Internet ETF (NYSEARCA:EMQQ) by 517.8% during the 1st quarter, HoldingsChannel reports. The firm owned 58,594 shares of the company’s stock after purchasing an additional 49,110 shares during the period. Venturi Wealth Management LLC’s holdings in Emerging Markets Internet ETF were worth $1,938,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. RPg Family Wealth Advisory LLC boosted its stake in shares of Emerging Markets Internet ETF by 3.1% during the fourth quarter. RPg Family Wealth Advisory LLC now owns 66,898 shares of the company’s stock worth $2,700,000 after buying an additional 2,006 shares during the period. Sankala Group LLC acquired a new position in Emerging Markets Internet ETF in the 4th quarter valued at about $2,187,000. Jane Street Group LLC acquired a new position in Emerging Markets Internet ETF in the 1st quarter valued at about $1,462,000. Stronghold Wealth Management L.L.C. purchased a new stake in Emerging Markets Internet ETF during the 4th quarter valued at approximately $283,000. Finally, EMC Capital Management purchased a new stake in Emerging Markets Internet ETF during the 3rd quarter valued at approximately $242,000.

Emerging Markets Internet ETF Trading Up 1.7%

Emerging Markets Internet ETF stock opened at $30.65 on Friday. The stock has a 50 day moving average of $32.85 and a two-hundred day moving average of $35.99. Emerging Markets Internet ETF has a twelve month low of $30.00 and a twelve month high of $47.00. The stock has a market capitalization of $249.80 million, a price-to-earnings ratio of 21.93 and a beta of 0.61.

About Emerging Markets Internet 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.