Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ – Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 22,436 shares, a drop of 60.9% from the August 15th total of 57,450 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 84,525 shares, the short-interest ratio is presently 0.3 days.
Hedge Funds Weigh In On Nomura Focused Emerging Markets Equity ETF
A number of large investors have recently bought and sold shares of the stock. Goldstein Advisors LLC purchased a new position in shares of Nomura Focused Emerging Markets Equity ETF in the 4th quarter worth $33,198,000. Pacific Wealth Management lifted its position in Nomura Focused Emerging Markets Equity ETF by 35.1% during the 1st quarter. Pacific Wealth Management now owns 493,825 shares of the company’s stock worth $22,272,000 after acquiring an additional 128,377 shares in the last quarter. Horizon Wealth Management LLC purchased a new position in shares of Nomura Focused Emerging Markets Equity ETF in the first quarter valued at $18,448,000. Private Advisor Group LLC lifted its holdings in Nomura Focused Emerging Markets Equity ETF by 860.7% in the 1st quarter. Private Advisor Group LLC now owns 207,691 shares of the company’s stock worth $9,367,000 after buying an additional 186,072 shares in the last quarter. Finally, Bank of America Corp DE acquired a new position in shares of Nomura Focused Emerging Markets Equity ETF in the first quarter worth about $3,423,000.
Nomura Focused Emerging Markets Equity ETF Trading Up 0.0%
Shares of NASDAQ EMEQ traded up $0.01 during midday trading on Tuesday, reaching $63.44. 70,852 shares of the stock were exchanged, compared to its average volume of 158,450. Nomura Focused Emerging Markets Equity ETF has a 52-week low of $35.02 and a 52-week high of $78.71. The stock has a 50 day moving average price of $64.37 and a 200-day moving average price of $60.45. The company has a market capitalization of $634.34 million, a P/E ratio of 11.97 and a beta of 1.63.
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.
Further Reading
- Five stocks we like better than Nomura Focused Emerging Markets Equity ETF
- Running on Empty: 3 Energy Plays for Europe’s Deep Freeze
- 3 Healthcare Stocks for 3 Stages of Life
- Curaleaf Tries To Roll Up Aurora In a Hostile Cannabis Bid
- MarketBeat’s Most Downgraded Stocks in Q3: 2 Look Cheap, 1 Looks Risky
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.
