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

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

JPMorgan ActiveBuilders Emerging Markets Equity ETF Stock Performance

The firm has a 50 day simple moving average of $60.23 and a 200 day simple moving average of $55.01. The firm has a market cap of $1.84 billion, a P/E ratio of 15.19 and a beta of 0.66.

Institutional Trading of JPMorgan ActiveBuilders Emerging Markets Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of JEMA. Northwestern Mutual Wealth Management Co. raised its holdings in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 1,778.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 939 shares of the company’s stock valued at $46,000 after acquiring an additional 889 shares in the last quarter. Royal Bank of Canada purchased a new stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF in the 4th quarter valued at about $58,000. Advisory Services Network LLC purchased a new stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF in the 3rd quarter valued at about $59,000. PNC Financial Services Group Inc. purchased a new stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF in the 3rd quarter valued at about $65,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 28.6% in 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 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.