JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) Shares Up 1.8% – Here’s What Happened

Shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) rose 1.8% during trading on Tuesday . The stock traded as high as $62.42 and last traded at $62.39. Approximately 167,088 shares were traded during trading, an increase of 32% from the average session volume of 126,615 shares. The stock had previously closed at $61.26.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Stock Performance

The company has a market cap of $1.75 billion, a PE ratio of 15.19 and a beta of 0.66. The business’s 50-day moving average is $61.39 and its 200 day moving average is $58.68.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of JEMA. Morgan Stanley lifted its stake in shares of 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 valued at $166,325,000 after acquiring an additional 2,689,394 shares during the last quarter. Janney Montgomery Scott LLC grew its position in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 17.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 766,434 shares of the company’s stock worth $37,555,000 after acquiring an additional 114,422 shares during the last quarter. Vestmark Advisory Solutions Inc. grew its position in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 24.1% during the 4th 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 last quarter. WNY Asset Management LLC purchased a new position in JPMorgan ActiveBuilders Emerging Markets Equity ETF in the 1st quarter worth approximately $30,353,000. Finally, Lido Advisors LLC increased its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 65.2% in the 1st quarter. Lido Advisors LLC now owns 485,512 shares of the company’s stock worth $25,261,000 after purchasing an additional 191,554 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.