Public Employees Retirement System of Ohio Takes Position in Emera Incorporated $EMRAF

Public Employees Retirement System of Ohio acquired a new position in shares of Emera Incorporated (OTCMKTS:EMRAF) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,503 shares of the company’s stock, valued at approximately $1,299,000.

A number of other hedge funds have also modified their holdings of the company. Virtus Advisers LLC acquired a new stake in Emera in the 2nd quarter valued at approximately $150,000. Hsbc Holdings PLC acquired a new position in Emera during the 2nd quarter worth approximately $326,000. Corient Private Wealth LP acquired a new position in Emera during the 2nd quarter worth approximately $326,000. K.J. Harrison & Partners Inc bought a new position in shares of Emera during the 2nd quarter worth approximately $377,000. Finally, Ieq Capital LLC bought a new position in shares of Emera during the 2nd quarter worth approximately $477,000. 23.75% of the stock is currently owned by institutional investors.

Emera Stock Performance

OTCMKTS EMRAF opened at $45.41 on Wednesday. The firm’s 50 day moving average is $45.41 and its 200-day moving average is $45.41. Emera Incorporated has a 12-month low of $32.00 and a 12-month high of $46.22.

About Emera

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.