NewEdge Advisors LLC purchased a new stake in Global X Emerging Markets ETF (NYSEARCA:EMM – Free Report) during the second quarter, Holdings Channel reports. The institutional investor purchased 39,545 shares of the company’s stock, valued at approximately $1,789,000.
Separately, Citadel Advisors LLC acquired a new position in shares of Global X Emerging Markets ETF in the 2nd quarter valued at $623,000.
Global X Emerging Markets ETF Stock Down 0.4%
EMM opened at $44.34 on Friday. Global X Emerging Markets ETF has a 12 month low of $31.09 and a 12 month high of $47.54. The company has a fifty day simple moving average of $43.12 and a 200 day simple moving average of $41.76. The stock has a market cap of $88.64 million, a P/E ratio of 17.76 and a beta of 1.03.
Global X Emerging Markets ETF Profile
The Global X Emerging Markets ETF (EMM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of emerging market companies of all sizes that are believed to be future leaders within their respective markets. EMM was launched on Sep 24, 2010 and is managed by Global X.
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Want to see what other hedge funds are holding EMM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X Emerging Markets ETF (NYSEARCA:EMM – Free Report).
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