JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) Reaches New 1-Year High – Should You 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 $62.44 and last traded at $62.44, with a volume of 3815 shares. The stock had previously closed at $62.32.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Price Performance

The company has a fifty day moving average of $55.07 and a 200 day moving average of $52.42. The firm has a market capitalization of $1.75 billion, a P/E ratio of 15.19 and a beta of 0.66.

Institutional Trading of JPMorgan ActiveBuilders Emerging Markets Equity ETF

Institutional investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its holdings in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 8.4% in the third quarter. Envestnet Asset Management Inc. now owns 114,707 shares of the company’s stock valued at $5,454,000 after acquiring an additional 8,882 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF in the third quarter valued at approximately $722,000. Daymark Wealth Partners LLC boosted its holdings in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 73.1% in the fourth quarter. Daymark Wealth Partners LLC now owns 191,913 shares of the company’s stock valued at $9,404,000 after acquiring an additional 81,042 shares during the last quarter. Pallas Capital Advisors LLC boosted its holdings in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 3.8% in the third quarter. Pallas Capital Advisors LLC now owns 408,024 shares of the company’s stock valued at $19,402,000 after acquiring an additional 14,946 shares during the last quarter. Finally, Saxony Capital Management LLC bought a new stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF in the fourth quarter valued at approximately $592,000.

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.