Macquarie Focused Emerging Markets Equity ETF Declares Annual Dividend of $1.11 (NASDAQ:EMEQ)

Macquarie Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) announced an annual dividend on Tuesday, December 23rd. Stockholders of record on Wednesday, December 24th will be paid a dividend of 1.1089 per share on Wednesday, December 31st. This represents a dividend yield of 279.0%. The ex-dividend date of this dividend is Wednesday, December 24th.

Macquarie Focused Emerging Markets Equity ETF Stock Performance

Shares of Macquarie Focused Emerging Markets Equity ETF stock opened at $38.95 on Wednesday. The stock has a market capitalization of $70.10 million, a price-to-earnings ratio of 11.97 and a beta of 2.11. Macquarie Focused Emerging Markets Equity ETF has a 52-week low of $22.08 and a 52-week high of $40.54. The company’s 50 day moving average price is $38.97 and its 200-day moving average price is $34.55.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EMEQ. Truist Financial Corp purchased a new position in Macquarie Focused Emerging Markets Equity ETF during the 3rd quarter valued at about $6,984,000. Envestnet Asset Management Inc. acquired a new stake in shares of Macquarie Focused Emerging Markets Equity ETF during the 3rd quarter valued at approximately $6,645,000. Citadel Advisors LLC acquired a new position in shares of Macquarie Focused Emerging Markets Equity ETF in the third quarter worth $1,436,000. Finally, Prosperity Wealth Management Inc. grew its holdings in Macquarie Focused Emerging Markets Equity ETF by 156.4% in the third quarter. Prosperity Wealth Management Inc. now owns 24,994 shares of the company’s stock valued at $888,000 after purchasing an additional 15,246 shares during the period.

About Macquarie 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.