365,448 Shares in Nomura Focused Emerging Markets Equity ETF $EMEQ Purchased by Pacific Wealth Management

Pacific Wealth Management purchased a new position in shares of Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 365,448 shares of the company’s stock, valued at approximately $14,691,000. Nomura Focused Emerging Markets Equity ETF accounts for about 6.8% of Pacific Wealth Management’s portfolio, making the stock its 3rd biggest holding. Pacific Wealth Management owned about 7.94% of Nomura Focused Emerging Markets Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of the business. Goldstein Advisors LLC acquired a new stake in Nomura Focused Emerging Markets Equity ETF during the fourth quarter worth about $33,198,000. LPL Financial LLC grew its stake in 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 worth $15,706,000 after buying an additional 214,606 shares in the last quarter. Truist Financial Corp grew its stake in Nomura Focused Emerging Markets Equity ETF by 46.9% during the fourth quarter. Truist Financial Corp now owns 274,701 shares of the company’s stock worth $11,043,000 after buying an additional 87,670 shares in the last quarter. Envestnet Asset Management Inc. acquired a new stake in Nomura Focused Emerging Markets Equity ETF during the third quarter worth about $6,645,000. Finally, Citadel Advisors LLC acquired a new stake in Nomura Focused Emerging Markets Equity ETF during the third quarter worth about $1,436,000.

Nomura Focused Emerging Markets Equity ETF Stock Up 8.8%

Shares of Nomura Focused Emerging Markets Equity ETF stock opened at $67.84 on Friday. The company has a market capitalization of $542.72 million, a price-to-earnings ratio of 11.97 and a beta of 1.61. Nomura Focused Emerging Markets Equity ETF has a 12-month low of $28.96 and a 12-month high of $72.66. The firm’s 50-day moving average price is $58.95 and its two-hundred day moving average price is $49.48.

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.