Naples Global Advisors LLC Acquires 2,800 Shares of First Trust Bloomberg Emerging Market Democracies ETF $EMDM

Naples Global Advisors LLC increased its holdings in First Trust Bloomberg Emerging Market Democracies ETF (NYSEARCA:EMDM) by 6.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 49,391 shares of the company’s stock after purchasing an additional 2,800 shares during the quarter. Naples Global Advisors LLC owned approximately 14.11% of First Trust Bloomberg Emerging Market Democracies ETF worth $1,245,000 at the end of the most recent reporting period.

Separately, OLD Mission Capital LLC lifted its holdings in First Trust Bloomberg Emerging Market Democracies ETF by 51.6% in the first quarter. OLD Mission Capital LLC now owns 73,536 shares of the company’s stock valued at $1,589,000 after buying an additional 25,028 shares during the period.

First Trust Bloomberg Emerging Market Democracies ETF Stock Up 0.5%

EMDM stock opened at $28.65 on Friday. The firm has a market cap of $10.03 million, a price-to-earnings ratio of 12.05 and a beta of 0.65. First Trust Bloomberg Emerging Market Democracies ETF has a 12-month low of $19.21 and a 12-month high of $28.65. The company’s fifty day simple moving average is $26.56 and its 200 day simple moving average is $24.38.

About First Trust Bloomberg Emerging Market Democracies ETF

The First Trust Exchange-Traded Fun (EMDM) is an exchange-traded fund that mostly invests in total market equity. The fund follows a principles-based index of large- and mid-cap companies located in emerging market countries considered to have electoral democracy. Holdings are weighted based on a combination of governance score and market capitalization.