Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Emera Incorporated (OTCMKTS:EMRAF – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,437,360 shares of the company’s stock, valued at approximately $76,167,000.
A number of other institutional investors also recently bought and sold shares of the company. Virtus Advisers LLC acquired a new position in Emera in the 2nd quarter valued at about $150,000. K.J. Harrison & Partners Inc acquired a new stake in shares of Emera during the 2nd quarter worth approximately $377,000. Ieq Capital LLC acquired a new stake in shares of Emera during the 2nd quarter worth approximately $477,000. Vise Technologies Inc. purchased a new stake in shares of Emera during the 2nd quarter valued at approximately $507,000. Finally, Quantbot Technologies LP purchased a new stake in shares of Emera during the 2nd quarter valued at approximately $1,167,000. 23.75% of the stock is owned by hedge funds and other institutional investors.
Emera Stock Performance
EMRAF opened at $45.41 on Monday. Emera Incorporated has a one year low of $32.00 and a one year high of $46.22. The business’s 50 day moving average price is $45.41 and its 200 day moving average price is $45.41.
About Emera
Emera Inc is a diversified energy and services holding company headquartered in Halifax, Nova Scotia. Through its subsidiaries and affiliates, Emera is engaged in the generation, transmission and distribution of electricity as well as gas distribution and energy infrastructure development. The company’s core businesses include regulated electric utilities, natural gas distribution, and ownership stakes in offshore wind projects and transmission pipelines.
In Canada, Emera operates Nova Scotia Power, the largest electric utility in the province, delivering electricity to residential, commercial and industrial customers.
See Also
- Five stocks we like better than Emera
- VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You?
- 3 Closed-End Funds to Maximize Dividend Payments
- Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy?
- $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over
Want to see what other hedge funds are holding EMRAF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emera Incorporated (OTCMKTS:EMRAF – Free Report).
Receive News & Ratings for Emera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emera and related companies with MarketBeat.com's FREE daily email newsletter.
