Horizon Wealth Management LLC Takes $18.45 Million 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 the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 409,050 shares of the company’s stock, valued at approximately $18,448,000. Nomura Focused Emerging Markets Equity ETF accounts for about 2.7% of Horizon Wealth Management LLC’s holdings, making the stock its 14th largest holding. Horizon Wealth Management LLC owned about 5.60% of Nomura Focused Emerging Markets Equity ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of EMEQ. Citadel Advisors LLC acquired a new position in Nomura Focused Emerging Markets Equity ETF during the third quarter valued at $1,436,000. Prosperity Wealth Management Inc. boosted 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 period. CWM LLC acquired a new stake in Nomura Focused Emerging Markets Equity ETF during the 4th quarter worth about $34,000. Private Trust Co. NA purchased a new position in Nomura Focused Emerging Markets Equity ETF during the 4th quarter valued at about $61,000. Finally, Mainstay Capital Management LLC ADV purchased a new position in Nomura Focused Emerging Markets Equity ETF during the 4th quarter valued at about $1,274,000.

Nomura Focused Emerging Markets Equity ETF Price Performance

Shares of EMEQ opened at $69.61 on Thursday. The company has a market capitalization of $556.88 million, a price-to-earnings ratio of 11.97 and a beta of 1.61. Nomura Focused Emerging Markets Equity ETF has a fifty-two week low of $29.98 and a fifty-two week high of $78.71. The business’s 50-day moving average is $65.44 and its 200-day moving average is $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.