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

Shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) hit a new 52-week high during trading on Thursday . The company traded as high as $65.37 and last traded at $65.37, with a volume of 476 shares trading hands. The stock had previously closed at $63.65.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Stock Up 3.0%

The stock has a 50 day moving average price of $60.23 and a 200 day moving average price of $55.01. The stock has a market capitalization of $1.84 billion, a price-to-earnings ratio of 15.19 and a beta of 0.66.

Hedge Funds Weigh In On JPMorgan ActiveBuilders Emerging Markets Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its stake in shares of 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 worth $5,454,000 after acquiring an additional 8,882 shares during the period. Daymark Wealth Partners LLC lifted its position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 73.1% during the 4th quarter. Daymark Wealth Partners LLC now owns 191,913 shares of the company’s stock worth $9,404,000 after buying an additional 81,042 shares in the last quarter. Pallas Capital Advisors LLC grew its holdings in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 5.4% in the fourth quarter. Pallas Capital Advisors LLC now owns 430,251 shares of the company’s stock valued at $21,082,000 after acquiring an additional 22,227 shares in the last quarter. Vestmark Advisory Solutions Inc. grew its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 24.1% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 715,884 shares of the company’s stock valued at $35,078,000 after purchasing an additional 138,884 shares during the period. Finally, Saxony Capital Management LLC purchased a new position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF during the 4th quarter valued at $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.