Pacific Wealth Management purchased a new stake in Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ – Free Report) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 365,448 shares of the company’s stock, valued at approximately $14,691,000. Nomura Focused Emerging Markets Equity ETF accounts for approximately 6.8% of Pacific Wealth Management’s holdings, making the stock its 3rd biggest position. Pacific Wealth Management owned 0.08% of Nomura Focused Emerging Markets Equity ETF at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Truist Financial Corp raised its holdings in Nomura Focused Emerging Markets Equity ETF by 46.9% in the 4th quarter. Truist Financial Corp now owns 274,701 shares of the company’s stock valued at $11,043,000 after buying an additional 87,670 shares during the last quarter. Goldstein Advisors LLC bought a new position in Nomura Focused Emerging Markets Equity ETF in the 4th quarter valued at approximately $33,198,000. Envestnet Asset Management Inc. bought a new position in Nomura Focused Emerging Markets Equity ETF in the 3rd quarter valued at approximately $6,645,000. Sanctuary Advisors LLC bought a new position in Nomura Focused Emerging Markets Equity ETF in the 4th quarter valued at approximately $441,000. Finally, Proactive Wealth Strategies LLC bought a new position in Nomura Focused Emerging Markets Equity ETF in the 4th quarter valued at approximately $814,000.
Nomura Focused Emerging Markets Equity ETF Price Performance
Shares of NASDAQ EMEQ opened at $67.84 on Friday. The company has a 50 day simple moving average of $58.95 and a 200 day simple moving average of $49.48. The firm has a market cap of $542.72 million, a PE ratio of 11.97 and a beta of 1.61. Nomura Focused Emerging Markets Equity ETF has a 1 year low of $28.96 and a 1 year high of $72.66.
About Nomura Focused Emerging Markets Equity ETF
The Macquarie Focused Emerging Markets Equity ETF (EMEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through a narrow portfolio of companies across all capitalizations within the emerging markets. EMEQ was launched on Sep 4, 2024 and is issued by Macquarie.
Featured Articles
- Five stocks we like better than Nomura Focused Emerging Markets Equity ETF
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Want to see what other hedge funds are holding EMEQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ – Free Report).
Receive News & Ratings for Nomura Focused Emerging Markets Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nomura Focused Emerging Markets Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
