Vestmark Advisory Solutions Inc. Cuts Stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF $JEMA

Vestmark Advisory Solutions Inc. lowered its holdings in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) by 52.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 577,000 shares of the company’s stock after selling 634,208 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in JPMorgan ActiveBuilders Emerging Markets Equity ETF were worth $27,436,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Assetmark Inc. purchased a new stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF during the second quarter valued at about $26,000. PNC Financial Services Group Inc. bought a new stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF in the 3rd quarter valued at about $65,000. Geneos Wealth Management Inc. boosted its holdings in 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 acquiring an additional 399 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF during the 2nd quarter valued at about $73,000. Finally, AdvisorNet Financial Inc grew its position in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 7.8% during the 3rd quarter. AdvisorNet Financial Inc now owns 4,163 shares of the company’s stock worth $198,000 after acquiring an additional 301 shares during the last quarter.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Stock Performance

Shares of JEMA stock opened at $56.84 on Friday. JPMorgan ActiveBuilders Emerging Markets Equity ETF has a fifty-two week low of $33.44 and a fifty-two week high of $56.84. The stock has a 50 day moving average price of $51.94 and a two-hundred day moving average price of $49.17. The company has a market capitalization of $1.60 billion, a P/E ratio of 15.19 and a beta of 0.66.

JPMorgan ActiveBuilders Emerging Markets Equity ETF 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.