The first ETF to concentrate solely on the niche Internet and e-commerce in the emerging markets launched this week. The Emerging Markets Internet and Ecommerce ETF (NYSE: EMQQ) began trading on Thursday on the NYSE Arca Exchange.
The new ETF is designed to give investors exposure to e-commerce sectors in emerging markets, one of the fastest-growing markets around the globe. Big Tree Capital, an investment company that specializes in frontier and emerging markets, created the index that the ETF tracks.
The ETF is composed of 42 global companies with 31 are U.S. venture-capital-backed and 31 trade on the NYSE or NASDAQ exchanges. There are no state-owned enterprises in the ...
/www.benzinga.com/etfs/sector-etfs/14/11/5008105/the-new-emerging-market-internet-etf alt=The New Emerging Market Internet ETF>Full story available on Benzinga.com
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