Nomura Focused Emerging Markets Equity ETF $EMEQ Stake Raised by Pacific Wealth Management

Pacific Wealth Management grew its stake in shares of Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) by 35.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 493,825 shares of the company’s stock after acquiring an additional 128,377 shares during the quarter. Nomura Focused Emerging Markets Equity ETF comprises approximately 12.0% of Pacific Wealth Management’s portfolio, making the stock its 2nd biggest position. Pacific Wealth Management owned approximately 0.06% of Nomura Focused Emerging Markets Equity ETF worth $22,272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Goldstein Advisors LLC purchased a new stake in Nomura Focused Emerging Markets Equity ETF during the 4th quarter valued at about $33,198,000. Horizon Wealth Management LLC bought a new position in shares of Nomura Focused Emerging Markets Equity ETF in the first quarter worth approximately $18,448,000. LPL Financial LLC grew its holdings in shares of Nomura Focused Emerging Markets Equity ETF by 121.9% during the fourth quarter. LPL Financial LLC now owns 390,698 shares of the company’s stock valued at $15,706,000 after buying an additional 214,606 shares during the last quarter. &PARTNERS bought a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the fourth quarter valued at approximately $12,735,000. Finally, 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 worth $11,043,000 after acquiring an additional 87,670 shares during the last quarter.

Nomura Focused Emerging Markets Equity ETF Trading Down 0.3%

EMEQ stock opened at $65.93 on Thursday. The stock’s 50 day simple moving average is $67.71 and its 200 day simple moving average is $54.76. Nomura Focused Emerging Markets Equity ETF has a 12-month low of $29.98 and a 12-month high of $78.71. The stock has a market capitalization of $613.15 million, a PE ratio of 11.97 and a beta of 1.56.

Nomura Focused Emerging Markets Equity ETF Company Profile

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.