JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) Sets New 52-Week High – Here’s What Happened

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. The stock had previously closed at $60.76.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Price Performance

The stock has a market cap of $1.77 billion, a PE ratio of 15.19 and a beta of 0.66. The business has a 50 day simple moving average of $56.57 and a 200 day simple moving average of $53.37.

Hedge Funds Weigh In On JPMorgan ActiveBuilders Emerging Markets Equity ETF

Several hedge funds have recently bought and sold shares of the business. Morgan Stanley lifted its position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 381.5% in the fourth quarter. Morgan Stanley now owns 3,394,392 shares of the company’s stock worth $166,325,000 after buying an additional 2,689,394 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 17.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 766,434 shares of the company’s stock valued at $37,555,000 after acquiring an additional 114,422 shares during the period. Vestmark Advisory Solutions Inc. raised its position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 24.1% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 715,884 shares of the company’s stock valued at $35,078,000 after buying an additional 138,884 shares during the last quarter. WNY Asset Management LLC acquired a new position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF during the first quarter valued at about $30,353,000. Finally, Lido Advisors LLC raised its position in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 65.2% in the first quarter. Lido Advisors LLC now owns 485,512 shares of the company’s stock worth $25,261,000 after purchasing an additional 191,554 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.