Sheets Smith Wealth Management increased its holdings in shares of India Internet & Ecommerce ETF (NYSEARCA:INQQ – Free Report) by 10.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 23,966 shares of the company’s stock after acquiring an additional 2,202 shares during the period. Sheets Smith Wealth Management owned about 0.06% of India Internet & Ecommerce ETF worth $330,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in the business. Ausdal Financial Partners Inc. lifted its stake in shares of India Internet & Ecommerce ETF by 23.4% in the 4th quarter. Ausdal Financial Partners Inc. now owns 14,248 shares of the company’s stock valued at $196,000 after purchasing an additional 2,701 shares during the last quarter. Atticus Wealth Management LLC bought a new stake in shares of India Internet & Ecommerce ETF in the 4th quarter worth about $94,000. Axxcess Wealth Management LLC bought a new position in India Internet & Ecommerce ETF during the 4th quarter valued at about $139,000. ORG Partners LLC bought a new stake in India Internet & Ecommerce ETF in the fourth quarter worth about $143,000. Finally, Commonwealth Equity Services LLC bought a new stake in India Internet & Ecommerce ETF in the third quarter worth about $135,000.
India Internet & Ecommerce ETF Trading Down 1.4 %
NYSEARCA:INQQ opened at $14.52 on Tuesday. The company has a market cap of $36.88 million, a price-to-earnings ratio of 30.80 and a beta of 0.64. India Internet & Ecommerce ETF has a twelve month low of $10.57 and a twelve month high of $14.88. The stock has a fifty day simple moving average of $14.30 and a 200-day simple moving average of $13.70.
India Internet & Ecommerce ETF Profile
The India Internet & Ecommerce ETF (INQQ) is an exchange-traded fund that is based on the INQQ The India Internet & Ecommerce index. The fund tracks an index of companies centered around the internet and e-commerce technology in India. Securities are selected and weighted by market-cap. INQQ was launched on Apr 6, 2022 and is managed by India.
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Want to see what other hedge funds are holding INQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for India Internet & Ecommerce ETF (NYSEARCA:INQQ – Free Report).
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