JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) Sets New 12-Month High – Here’s What Happened

JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) shares reached a new 52-week high on Friday . The stock traded as high as $58.21 and last traded at $58.21, with a volume of 6839 shares. The stock had previously closed at $57.32.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Stock Performance

The firm’s fifty day simple moving average is $54.22 and its 200 day simple moving average is $51.39. The stock has a market capitalization of $1.65 billion, a P/E ratio of 15.19 and a beta of 0.66.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Morgan Stanley lifted its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 381.5% during the fourth 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 last quarter. Janney Montgomery Scott LLC grew its position in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 17.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 766,434 shares of the company’s stock valued at $37,555,000 after acquiring an additional 114,422 shares during the last quarter. Vestmark Advisory Solutions Inc. lifted its holdings 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 last quarter. Pallas Capital Advisors LLC boosted its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 5.4% in the 4th quarter. Pallas Capital Advisors LLC now owns 430,251 shares of the company’s stock valued at $21,082,000 after purchasing an additional 22,227 shares in the last quarter. Finally, Kelly Financial Group LLC grew its holdings in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 1.9% during the 4th quarter. Kelly Financial Group LLC now owns 421,311 shares of the company’s stock valued at $20,644,000 after purchasing an additional 8,052 shares during the last quarter.

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.