Tacita Capital Inc Makes New $3.02 Million Investment in Emera Incorporated $EMRAF

Tacita Capital Inc bought a new position in shares of Emera Incorporated (OTCMKTS:EMRAFFree Report) during the 2nd quarter, Holdings Channel.com reports. The fund bought 57,086 shares of the company’s stock, valued at approximately $3,022,000. Emera accounts for 1.6% of Tacita Capital Inc’s investment portfolio, making the stock its 16th largest holding.

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

Emera Price Performance

EMRAF opened at $45.41 on Thursday. Emera Incorporated has a 52-week low of $32.00 and a 52-week high of $46.22. The business’s fifty day moving average is $45.41 and its 200-day moving average is $45.41.

About Emera

(Free Report)

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.

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Institutional Ownership by Quarter for Emera (OTCMKTS:EMRAF)

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