NewEdge Wealth LLC Makes New Investment in JPMorgan ActiveBuilders Emerging Markets Equity ETF $JEMA

NewEdge Wealth LLC acquired a new position in JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 44,777 shares of the company’s stock, valued at approximately $2,330,000. NewEdge Wealth LLC owned 0.16% of JPMorgan ActiveBuilders Emerging Markets Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of JEMA. Morgan Stanley raised its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 381.5% during the 4th 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. Janney Montgomery Scott LLC increased its position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 17.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 766,434 shares of the company’s stock valued at $37,555,000 after purchasing an additional 114,422 shares during the period. Vestmark Advisory Solutions Inc. boosted its stake in 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 worth $35,078,000 after buying an additional 138,884 shares in the last quarter. Pallas Capital Advisors LLC raised its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 5.4% in the 4th quarter. Pallas Capital Advisors LLC now owns 430,251 shares of the company’s stock valued at $21,082,000 after buying an additional 22,227 shares in the last quarter. Finally, Kelly Financial Group LLC boosted its position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 1.9% during the 4th quarter. Kelly Financial Group LLC now owns 421,311 shares of the company’s stock valued at $20,644,000 after acquiring an additional 8,052 shares in the last quarter.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Stock Down 1.4%

Shares of JEMA opened at $59.03 on Friday. JPMorgan ActiveBuilders Emerging Markets Equity ETF has a 12 month low of $42.85 and a 12 month high of $66.68. The company has a 50-day moving average price of $62.05 and a two-hundred day moving average price of $57.37. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of 15.19 and a beta of 0.66.

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.