Naples Global Advisors LLC Boosts Stake in First Trust Bloomberg Emerging Market Democracies ETF (NYSEARCA:EMDM)

Naples Global Advisors LLC grew its stake in First Trust Bloomberg Emerging Market Democracies ETF (NYSEARCA:EMDM) by 7.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,591 shares of the company’s stock after acquiring an additional 3,350 shares during the quarter. Naples Global Advisors LLC owned about 0.15% of First Trust Bloomberg Emerging Market Democracies ETF worth $929,000 at the end of the most recent quarter.

First Trust Bloomberg Emerging Market Democracies ETF Price Performance

Shares of NYSEARCA EMDM opened at $21.66 on Friday. The business has a fifty day moving average price of $21.05 and a 200 day moving average price of $22.42. First Trust Bloomberg Emerging Market Democracies ETF has a 1-year low of $20.21 and a 1-year high of $25.27. The stock has a market capitalization of $6.50 million, a P/E ratio of 10.47 and a beta of 0.98.

First Trust Bloomberg Emerging Market Democracies ETF Profile

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.