116,848 Shares of Matthews Emerging Markets ex China Active ETF $MEMX Purchased by Matthews International Capital Management LLC

Matthews International Capital Management LLC bought a new stake in shares of Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 116,848 shares of the company’s stock, valued at approximately $5,594,000. Matthews Emerging Markets ex China Active ETF accounts for about 2.3% of Matthews International Capital Management LLC’s portfolio, making the stock its 17th largest position. Matthews International Capital Management LLC owned approximately 9.90% of Matthews Emerging Markets ex China Active ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Chicago Partners Investment Group LLC acquired a new position in Matthews Emerging Markets ex China Active ETF in the 3rd quarter worth about $1,050,000. Envestnet Asset Management Inc. boosted its position in Matthews Emerging Markets ex China Active ETF by 19.3% during the second quarter. Envestnet Asset Management Inc. now owns 9,148 shares of the company’s stock worth $457,000 after purchasing an additional 1,480 shares in the last quarter. Ameritas Advisory Services LLC boosted its position in Matthews Emerging Markets ex China Active ETF by 107.8% during the second quarter. Ameritas Advisory Services LLC now owns 16,803 shares of the company’s stock worth $839,000 after purchasing an additional 8,715 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in Matthews Emerging Markets ex China Active ETF by 78.7% in the first quarter. International Assets Investment Management LLC now owns 4,068 shares of the company’s stock valued at $164,000 after purchasing an additional 1,791 shares during the period.

Matthews Emerging Markets ex China Active ETF Trading Down 0.7%

Shares of MEMX opened at $42.05 on Wednesday. The firm has a market cap of $50.46 million, a P/E ratio of 12.81 and a beta of 0.99. Matthews Emerging Markets ex China Active ETF has a 12 month low of $35.34 and a 12 month high of $51.52. The stock’s 50 day moving average is $46.42 and its two-hundred day moving average is $45.38.

Matthews Emerging Markets ex China Active ETF Company Profile

The Matthews Emerging Markets Ex China Active ETF (MEMX) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund is an actively managed fund that invests in companies from emerging markets, excluding China, considered to have sustainable growth potential. MEMX was launched on Jan 11, 2023 and is managed by Matthews.