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

JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA)’s share price was up 1.8% during trading on Tuesday . The company 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 Price 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 has a 50 day moving average of $61.39 and a 200 day moving average of $58.68.

Hedge Funds Weigh In On JPMorgan ActiveBuilders Emerging Markets Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of JEMA. AdvisorNet Financial Inc lifted its holdings in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 6.3% in the first quarter. AdvisorNet Financial Inc now owns 4,738 shares of the company’s stock worth $247,000 after buying an additional 279 shares during the period. NewEdge Advisors LLC grew its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 2.6% in the 1st quarter. NewEdge Advisors LLC now owns 15,056 shares of the company’s stock worth $783,000 after buying an additional 387 shares during the last quarter. Geneos Wealth Management Inc. increased its position in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 28.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,795 shares of the company’s stock valued at $69,000 after buying an additional 399 shares in the last quarter. Wayfinding Financial LLC raised its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 6.3% during the fourth quarter. Wayfinding Financial LLC now owns 11,611 shares of the company’s stock valued at $568,000 after buying an additional 687 shares during the last quarter. Finally, Stifel Financial Corp boosted its holdings in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 3.3% in the fourth quarter. Stifel Financial Corp now owns 22,566 shares of the company’s stock worth $1,106,000 after acquiring an additional 721 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.