57,086 Shares in Emera Incorporated $EMRAF Acquired by Tacita Capital Inc

Tacita Capital Inc purchased a new stake in shares of Emera Incorporated (OTCMKTS:EMRAF) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 57,086 shares of the company’s stock, valued at approximately $3,022,000. Emera comprises about 1.6% of Tacita Capital Inc’s investment portfolio, making the stock its 16th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of EMRAF. K.J. Harrison & Partners Inc acquired a new stake in shares of Emera during the 2nd quarter worth about $377,000. Alberta Investment Management Corp bought a new position in Emera in the 2nd quarter valued at about $4,389,000. Bank of New York Mellon Corp bought a new position in Emera in the 2nd quarter valued at about $17,886,000. Deutsche Bank AG acquired a new stake in Emera during the second quarter worth approximately $21,459,000. Finally, BlackRock Inc. bought a new stake in shares of Emera during the second quarter worth approximately $30,445,000. 23.75% of the stock is currently owned by institutional investors and hedge funds.

Emera Stock Performance

Shares of OTCMKTS EMRAF opened at $45.41 on Thursday. The business’s 50 day moving average is $45.41 and its 200-day moving average is $45.41. Emera Incorporated has a 1-year low of $32.00 and a 1-year high of $46.22.

Emera Profile

Emera Inc is a diversified energy and services holding company headquartered in Halifax, Nova Scotia. Through its subsidiaries and affiliates, Emera is engaged in the generation, transmission and distribution of electricity as well as gas distribution and energy infrastructure development. The company’s core businesses include regulated electric utilities, natural gas distribution, and ownership stakes in offshore wind projects and transmission pipelines.

In Canada, Emera operates Nova Scotia Power, the largest electric utility in the province, delivering electricity to residential, commercial and industrial customers.