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

JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA)’s stock price reached a new 52-week high on Monday . The stock traded as high as $59.73 and last traded at $59.73, with a volume of 2789 shares trading hands. The stock had previously closed at $59.03.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Trading Up 0.1%

The stock has a market capitalization of $1.66 billion, a PE ratio of 15.19 and a beta of 0.66. The firm’s fifty day moving average price is $54.80 and its two-hundred day moving average price is $52.15.

Hedge Funds Weigh In On JPMorgan ActiveBuilders Emerging Markets Equity ETF

Institutional investors have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 1,778.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 939 shares of the company’s stock valued at $46,000 after purchasing an additional 889 shares in the last quarter. Royal Bank of Canada purchased a new position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF during the 4th quarter valued at approximately $58,000. Advisory Services Network LLC purchased a new position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF during the 3rd quarter valued at approximately $59,000. PNC Financial Services Group Inc. purchased a new position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF during the 3rd quarter valued at approximately $65,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of 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 purchasing 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.