Global X Next Emerging & Frontier ETF (NYSEARCA:EMFM) Shares Up 0.7%

Global X Next Emerging & Frontier ETF (NYSEARCA:EMFM)’s share price shot up 0.7% during mid-day trading on Tuesday . The stock traded as high as $20.19 and last traded at $20.26, 600 shares were traded during trading. A decline of 91% from the average session volume of 6,709 shares. The stock had previously closed at $20.12.

The stock has a 50 day simple moving average of $21.14.

A hedge fund recently raised its stake in Global X Next Emerging & Frontier ETF stock. Envestnet Asset Management Inc. raised its position in shares of Global X Next Emerging & Frontier ETF (NYSEARCA:EMFM) by 2.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 77,869 shares of the company’s stock after buying an additional 2,009 shares during the quarter. Envestnet Asset Management Inc. owned 8.65% of Global X Next Emerging & Frontier ETF worth $1,639,000 at the end of the most recent quarter.

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