JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) Sets New 52-Week High – Should You Buy?

JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $62.44 and last traded at $62.44, with a volume of 3815 shares traded. The stock had previously closed at $62.32.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Price Performance

The stock has a market cap of $1.74 billion, a P/E ratio of 15.19 and a beta of 0.66. The stock’s 50-day moving average is $55.33 and its two-hundred day moving average is $52.69.

Hedge Funds Weigh In On JPMorgan ActiveBuilders Emerging Markets Equity ETF

Institutional investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. grew its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 1,778.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 939 shares of the company’s stock valued at $46,000 after acquiring an additional 889 shares in the last quarter. Royal Bank of Canada purchased a new position in JPMorgan ActiveBuilders Emerging Markets Equity ETF during the fourth quarter valued at $58,000. Advisory Services Network LLC purchased a new position in JPMorgan ActiveBuilders Emerging Markets Equity ETF during the third quarter valued at $59,000. PNC Financial Services Group Inc. purchased a new position in JPMorgan ActiveBuilders Emerging Markets Equity ETF during the third quarter valued at $65,000. Finally, Geneos Wealth Management Inc. grew its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 28.6% during the first quarter. Geneos Wealth Management Inc. now owns 1,795 shares of the company’s stock valued at $69,000 after acquiring an additional 399 shares in the last quarter.

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.