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

JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) reached a new 52-week high on Tuesday . The stock traded as high as $62.73 and last traded at $62.70, with a volume of 4295 shares trading hands. The stock had previously closed at $60.76.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Stock Up 0.3%

The business’s fifty day moving average is $56.99 and its two-hundred day moving average is $53.56. The stock has a market capitalization of $1.78 billion, a PE ratio of 15.19 and a beta of 0.66.

Institutional Trading of JPMorgan ActiveBuilders Emerging Markets Equity ETF

A number of large investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. purchased a new position in JPMorgan ActiveBuilders Emerging Markets Equity ETF in the first quarter worth about $302,000. Jane Street Group LLC raised its position in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 974.2% during the first quarter. Jane Street Group LLC now owns 140,423 shares of the company’s stock valued at $5,373,000 after purchasing an additional 127,351 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 28.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,795 shares of the company’s stock valued at $69,000 after purchasing an additional 399 shares during the last quarter. MML Investors Services LLC lifted its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 11.8% in the 2nd quarter. MML Investors Services LLC now owns 16,213 shares of the company’s stock valued at $698,000 after purchasing an additional 1,714 shares during the last quarter. Finally, Advantage Trust Co boosted its holdings in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 2.9% in the 3rd quarter. Advantage Trust Co now owns 144,121 shares of the company’s stock worth $6,853,000 after purchasing an additional 4,031 shares during the period.

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.