Emerging Markets Internet ETF (EMQQ) To Go Ex-Dividend on December 30th

Emerging Markets Internet ETF (NYSEARCA:EMQQ) announced an annual dividend on Monday, December 29th. Stockholders of record on Tuesday, December 30th will be paid a dividend of 1.2468 per share on Wednesday, December 31st. This represents a dividend yield of 309.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

Emerging Markets Internet ETF Trading Down 3.2%

EMQQ stock opened at $40.40 on Wednesday. The business’s fifty day moving average price is $42.87 and its 200 day moving average price is $42.99. Emerging Markets Internet ETF has a 12-month low of $32.79 and a 12-month high of $47.00. The company has a market capitalization of $357.54 million, a PE ratio of 21.93 and a beta of 0.57.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sunbelt Securities Inc. purchased a new stake in Emerging Markets Internet ETF during the 3rd quarter worth approximately $30,000. EMC Capital Management acquired a new position in shares of Emerging Markets Internet ETF in the third quarter worth $242,000. Flow Traders U.S. LLC purchased a new stake in shares of Emerging Markets Internet ETF during the second quarter worth $711,000. Jane Street Group LLC acquired a new stake in shares of Emerging Markets Internet ETF in the first quarter valued at $1,462,000. Finally, RPg Family Wealth Advisory LLC boosted its holdings in Emerging Markets Internet ETF by 1.3% in the third quarter. RPg Family Wealth Advisory LLC now owns 64,892 shares of the company’s stock valued at $3,013,000 after purchasing an additional 842 shares during the period.

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.