JPMorgan ActiveBuilders Emerging Markets Equity ETF (NASDAQ:JEMA) Short Interest Update

JPMorgan ActiveBuilders Emerging Markets Equity ETF (NASDAQ:JEMA) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 9,622 shares, a decrease of 92.5% from the August 31st total of 127,793 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 138,465 shares, the days-to-cover ratio is currently 0.1 days.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Stock Performance

JEMA stock traded up $0.48 during midday trading on Friday, reaching $62.98. The company’s stock had a trading volume of 22,402 shares, compared to its average volume of 127,210. JPMorgan ActiveBuilders Emerging Markets Equity ETF has a 1 year low of $46.44 and a 1 year high of $66.68. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 15.19 and a beta of 0.77. The stock has a fifty day simple moving average of $61.40 and a two-hundred day simple moving average of $59.83.

Institutional Investors Weigh In On JPMorgan ActiveBuilders Emerging Markets Equity ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JEMA. Bank of America Corp DE bought a new position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF during the 1st quarter worth $6,928,000. NewEdge Wealth LLC purchased a new stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF in the first quarter worth about $2,330,000. Hopwood Nicholas Hunter purchased a new position in JPMorgan ActiveBuilders Emerging Markets Equity ETF during the 2nd quarter valued at about $1,615,000. Integrated Wealth Concepts LLC raised its holdings in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 480.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 29,517 shares of the company’s stock valued at $1,886,000 after purchasing an additional 24,431 shares in the last quarter. Finally, Unique Wealth LLC purchased a new stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF in the 1st quarter worth approximately $650,000.

About JPMorgan ActiveBuilders Emerging Markets Equity ETF

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.