Mainstay Capital Management LLC ADV Takes Position in Nomura Focused Emerging Markets Equity ETF $EMEQ

Mainstay Capital Management LLC ADV bought a new stake in Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 31,684 shares of the company’s stock, valued at approximately $1,274,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in EMEQ. Envestnet Asset Management Inc. purchased a new position in shares of Nomura Focused Emerging Markets Equity ETF in the 3rd quarter valued at approximately $6,645,000. Truist Financial Corp bought a new position in Nomura Focused Emerging Markets Equity ETF during the 3rd quarter valued at approximately $6,984,000. Citadel Advisors LLC bought a new position in Nomura Focused Emerging Markets Equity ETF during the 3rd quarter valued at approximately $1,436,000. Prosperity Wealth Management Inc. increased its position in Nomura Focused Emerging Markets Equity ETF by 156.4% during the 3rd quarter. Prosperity Wealth Management Inc. now owns 24,994 shares of the company’s stock valued at $888,000 after buying an additional 15,246 shares in the last quarter. Finally, Private Trust Co. NA bought a new position in Nomura Focused Emerging Markets Equity ETF during the 4th quarter valued at approximately $61,000.

Nomura Focused Emerging Markets Equity ETF Trading Up 2.0%

Nomura Focused Emerging Markets Equity ETF stock opened at $53.52 on Friday. The firm has a market cap of $374.64 million, a price-to-earnings ratio of 11.97 and a beta of 1.14. The stock has a fifty day simple moving average of $48.25 and a two-hundred day simple moving average of $43.18. Nomura Focused Emerging Markets Equity ETF has a 12 month low of $23.97 and a 12 month high of $54.17.

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.