Truist Financial Corp Has $11.04 Million Stock Position in Nomura Focused Emerging Markets Equity ETF $EMEQ

Truist Financial Corp boosted its holdings in shares of Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) by 46.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 274,701 shares of the company’s stock after buying an additional 87,670 shares during the period. Truist Financial Corp owned approximately 6.10% of Nomura Focused Emerging Markets Equity ETF worth $11,043,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. acquired a new position in Nomura Focused Emerging Markets Equity ETF during the third quarter valued at $6,645,000. Mainstay Capital Management LLC ADV acquired a new position in Nomura Focused Emerging Markets Equity ETF during the fourth quarter valued at $1,274,000. Citadel Advisors LLC acquired a new position in Nomura Focused Emerging Markets Equity ETF during the third quarter valued at $1,436,000. Sanctuary Advisors LLC acquired a new position in Nomura Focused Emerging Markets Equity ETF during the fourth quarter valued at $441,000. Finally, Private Trust Co. NA acquired a new position in Nomura Focused Emerging Markets Equity ETF during the fourth quarter valued at $61,000.

Nomura Focused Emerging Markets Equity ETF Trading Up 4.6%

NASDAQ:EMEQ opened at $65.31 on Friday. The firm has a market capitalization of $522.48 million, a price-to-earnings ratio of 11.97 and a beta of 1.47. Nomura Focused Emerging Markets Equity ETF has a 1-year low of $26.43 and a 1-year high of $65.33. The business’s fifty day moving average price is $49.89 and its 200 day moving average price is $44.84.

Nomura Focused Emerging Markets Equity ETF 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.