JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) Trading Up 1.8% – Still a Buy?

JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) rose 1.8% on Tuesday . The company traded as high as $62.42 and last traded at $62.39. 167,088 shares traded hands 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 Trading Up 0.0%

The stock has a fifty day moving average price of $61.36 and a 200-day moving average price of $58.75. The firm has a market capitalization of $1.75 billion, a price-to-earnings ratio of 15.19 and a beta of 0.66.

Institutional Investors Weigh In On JPMorgan ActiveBuilders Emerging Markets Equity ETF

Several large investors have recently made changes to their positions in the company. Morgan Stanley increased its holdings in 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 valued at $166,325,000 after purchasing an additional 2,689,394 shares during the last quarter. WNY Asset Management LLC bought a new stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF in the 1st quarter valued at about $30,353,000. Burkett Financial Services LLC raised its position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 41,002.0% in the 2nd quarter. Burkett Financial Services LLC now owns 347,312 shares of the company’s stock valued at $22,186,000 after acquiring an additional 346,467 shares during the period. Jane Street Group LLC raised its position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 199.5% in the 2nd quarter. Jane Street Group LLC now owns 420,584 shares of the company’s stock valued at $18,106,000 after acquiring an additional 280,161 shares during the period. Finally, Lido Advisors LLC grew its holdings in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 65.2% during the first quarter. Lido Advisors LLC now owns 485,512 shares of the company’s stock valued at $25,261,000 after purchasing an additional 191,554 shares during the period.

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.