19,273 Shares in Global X Emerging Markets ETF $EMM Purchased by Purus Wealth Management LLC

Purus Wealth Management LLC bought a new stake in shares of Global X Emerging Markets ETF (NYSEARCA:EMM) during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 19,273 shares of the company’s stock, valued at approximately $856,000. Purus Wealth Management LLC owned about 1.45% of Global X Emerging Markets ETF as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. NewEdge Advisors LLC purchased a new position in Global X Emerging Markets ETF in the 2nd quarter valued at about $1,789,000. Citadel Advisors LLC purchased a new stake in shares of Global X Emerging Markets ETF during the second quarter worth about $623,000. Finally, NewEdge Wealth LLC acquired a new position in shares of Global X Emerging Markets ETF in the first quarter valued at approximately $278,000.

Global X Emerging Markets ETF Stock Down 1.1%

Shares of NYSEARCA:EMM traded down $0.45 during trading on Thursday, reaching $41.63. The stock had a trading volume of 4,327 shares, compared to its average volume of 18,056. The stock has a market cap of $55.37 million, a P/E ratio of 17.76 and a beta of 1.03. The business has a fifty day moving average price of $44.28 and a 200-day moving average price of $42.84. Global X Emerging Markets ETF has a fifty-two week low of $31.63 and a fifty-two week high of $47.54.

About Global X Emerging Markets ETF

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.