JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) Sets New 1-Year High – Should You Buy?

JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $58.84 and last traded at $58.80, with a volume of 3556 shares traded. The stock had previously closed at $58.59.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Trading Down 0.1%

The stock has a market cap of $1.64 billion, a P/E ratio of 15.19 and a beta of 0.66. The company’s 50 day moving average price is $54.58 and its two-hundred day moving average price is $51.85.

Institutional Investors Weigh In On JPMorgan ActiveBuilders Emerging Markets Equity ETF

A number of hedge funds have recently modified their holdings of JEMA. Morgan Stanley raised its holdings in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 381.5% in the 4th quarter. Morgan Stanley now owns 3,394,392 shares of the company’s stock worth $166,325,000 after purchasing an additional 2,689,394 shares during the period. Jane Street Group LLC increased its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 199.5% in the 2nd quarter. Jane Street Group LLC now owns 420,584 shares of the company’s stock worth $18,106,000 after buying an additional 280,161 shares in the last quarter. Vestmark Advisory Solutions Inc. boosted its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 24.1% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 715,884 shares of the company’s stock worth $35,078,000 after acquiring an additional 138,884 shares during the period. Janney Montgomery Scott LLC grew its position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 17.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 766,434 shares of the company’s stock worth $37,555,000 after purchasing an additional 114,422 shares in the last quarter. Finally, Daymark Wealth Partners LLC raised its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 73.1% during the 4th quarter. Daymark Wealth Partners LLC now owns 191,913 shares of the company’s stock valued at $9,404,000 after purchasing an additional 81,042 shares during the period.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Company Profile

The JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund is an actively-managed fund utilizing emerging market equity strategies across countries, regions, styles, and market capitalizations. JEMA was launched on Mar 10, 2021 and is managed by JPMorgan Chase.