Horizon Wealth Management LLC Takes Position in Nomura Focused Emerging Markets Equity ETF $EMEQ

Horizon Wealth Management LLC bought a new position in Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 409,050 shares of the company’s stock, valued at approximately $18,448,000. Nomura Focused Emerging Markets Equity ETF comprises approximately 2.7% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 14th biggest position. Horizon Wealth Management LLC owned approximately 0.06% of Nomura Focused Emerging Markets Equity ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Citadel Advisors LLC acquired a new stake in shares of Nomura Focused Emerging Markets Equity ETF in the third quarter worth $1,436,000. Prosperity Wealth Management Inc. lifted its position in Nomura Focused Emerging Markets Equity ETF by 156.4% during the 3rd quarter. Prosperity Wealth Management Inc. now owns 24,994 shares of the company’s stock worth $888,000 after acquiring an additional 15,246 shares during the last quarter. CWM LLC bought a new stake in Nomura Focused Emerging Markets Equity ETF during the fourth quarter valued at about $34,000. Private Trust Co. NA acquired a new stake in shares of Nomura Focused Emerging Markets Equity ETF in the fourth quarter valued at about $61,000. Finally, Mainstay Capital Management LLC ADV acquired a new stake in shares of Nomura Focused Emerging Markets Equity ETF in the fourth quarter valued at about $1,274,000.

Nomura Focused Emerging Markets Equity ETF Stock Performance

NASDAQ EMEQ opened at $69.61 on Thursday. Nomura Focused Emerging Markets Equity ETF has a twelve month low of $29.98 and a twelve month high of $78.71. The stock has a market capitalization of $556.88 million, a PE ratio of 11.97 and a beta of 1.61. The stock has a 50-day simple moving average of $65.44 and a 200 day simple moving average of $52.77.

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.