Pacific Wealth Management Increases Stock Position in Nomura Focused Emerging Markets Equity ETF $EMEQ

Pacific Wealth Management raised its stake in Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) by 2.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 490,243 shares of the company’s stock after acquiring an additional 9,970 shares during the quarter. Nomura Focused Emerging Markets Equity ETF makes up 25.9% of Pacific Wealth Management’s holdings, making the stock its biggest position. Pacific Wealth Management owned approximately 0.05% of Nomura Focused Emerging Markets Equity ETF worth $32,197,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in EMEQ. Fifth Third Bancorp purchased a new stake in Nomura Focused Emerging Markets Equity ETF during the first quarter valued at about $93,000. Security National Bank of SO Dak increased its stake in shares of Nomura Focused Emerging Markets Equity ETF by 10.0% in the second quarter. Security National Bank of SO Dak now owns 5,042 shares of the company’s stock worth $367,000 after purchasing an additional 459 shares in the last quarter. Sankala Group LLC purchased a new position in shares of Nomura Focused Emerging Markets Equity ETF in the fourth quarter worth about $229,000. Janney Montgomery Scott LLC bought a new stake in shares of Nomura Focused Emerging Markets Equity ETF in the first quarter valued at approximately $338,000. Finally, Security National Bank of Sioux City Iowa IA raised its position in shares of Nomura Focused Emerging Markets Equity ETF by 43.3% in the second quarter. Security National Bank of Sioux City Iowa IA now owns 12,509 shares of the company’s stock valued at $911,000 after purchasing an additional 3,777 shares during the period.

Nomura Focused Emerging Markets Equity ETF Trading Up 1.8%

Shares of EMEQ stock traded up $1.21 during trading on Monday, reaching $68.41. 221,447 shares of the company’s stock traded hands, compared to its average volume of 155,174. The company has a market capitalization of $663.58 million, a P/E ratio of 11.97 and a beta of 1.63. The firm’s 50-day moving average is $64.67 and its 200 day moving average is $62.12. Nomura Focused Emerging Markets Equity ETF has a 1 year low of $35.48 and a 1 year high of $78.71.

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.