Tsfg LLC Invests $2.95 Million in Nomura Focused Emerging Markets Equity ETF $EMEQ

Tsfg LLC acquired a new position in Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 40,427 shares of the company’s stock, valued at approximately $2,946,000.

Other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE bought a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the first quarter valued at about $3,423,000. Royal Bank of Canada bought a new position in Nomura Focused Emerging Markets Equity ETF in the 1st quarter valued at about $1,008,000. Pacific Wealth Management grew its position in Nomura Focused Emerging Markets Equity ETF by 35.1% in the 1st quarter. Pacific Wealth Management now owns 493,825 shares of the company’s stock valued at $22,272,000 after buying an additional 128,377 shares in the last quarter. Sanctuary Advisors LLC increased its stake in Nomura Focused Emerging Markets Equity ETF by 160.5% during the 1st quarter. Sanctuary Advisors LLC now owns 28,583 shares of the company’s stock valued at $1,289,000 after buying an additional 17,611 shares during the period. Finally, Fifth Third Bancorp acquired a new position in Nomura Focused Emerging Markets Equity ETF during the 1st quarter valued at about $93,000.

Nomura Focused Emerging Markets Equity ETF Price Performance

Shares of NASDAQ:EMEQ opened at $64.60 on Wednesday. Nomura Focused Emerging Markets Equity ETF has a 12 month low of $31.02 and a 12 month high of $78.71. The stock has a market cap of $600.78 million, a price-to-earnings ratio of 11.97 and a beta of 1.64. The stock’s 50 day moving average price is $65.27 and its 200 day moving average price is $59.32.

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.