Royal Bank of Canada Purchases Shares of 22,352 Nomura Focused Emerging Markets Equity ETF $EMEQ

Royal Bank of Canada purchased a new position in shares of Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 22,352 shares of the company’s stock, valued at approximately $1,008,000. Royal Bank of Canada owned about 0.28% of Nomura Focused Emerging Markets Equity ETF at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Goldstein Advisors LLC acquired a new position in shares of Nomura Focused Emerging Markets Equity ETF in the 4th quarter valued at about $33,198,000. Horizon Wealth Management LLC acquired a new stake in Nomura Focused Emerging Markets Equity ETF during the 1st quarter worth approximately $18,448,000. Pacific Wealth Management purchased a new position in Nomura Focused Emerging Markets Equity ETF in the fourth quarter valued at approximately $14,691,000. &PARTNERS purchased a new position in Nomura Focused Emerging Markets Equity ETF in the fourth quarter valued at approximately $12,735,000. Finally, LPL Financial LLC lifted its position in Nomura Focused Emerging Markets Equity ETF by 121.9% during the fourth quarter. LPL Financial LLC now owns 390,698 shares of the company’s stock valued at $15,706,000 after buying an additional 214,606 shares in the last quarter.

Nomura Focused Emerging Markets Equity ETF Stock Up 1.3%

Shares of EMEQ stock opened at $65.82 on Friday. Nomura Focused Emerging Markets Equity ETF has a fifty-two week low of $30.88 and a fifty-two week high of $78.71. The firm’s 50 day moving average price is $66.48 and its two-hundred day moving average price is $58.40. The stock has a market cap of $612.13 million, a price-to-earnings ratio of 11.97 and a beta of 1.64.

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.