JPMorgan ActiveBuilders Emerging Markets Equity ETF (NASDAQ:JEMA) Shares Up 2.3% – Should You Buy?

JPMorgan ActiveBuilders Emerging Markets Equity ETF (NASDAQ:JEMA) shares were up 2.3% on Friday. The company traded as high as $55.13 and last traded at $54.67. 169,605 shares were traded during mid-day trading, an increase of 33% from the average daily volume of 127,917 shares. The stock had previously closed at $53.45.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Stock Up 2.3%

The company’s fifty day simple moving average is $60.76 and its 200 day simple moving average is $58.94. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of 15.19 and a beta of 0.80.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Lido Advisors LLC bought a new stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF during the third quarter worth $51,887,000. WNY Asset Management LLC bought a new position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF in the 1st quarter valued at $30,353,000. Burkett Financial Services LLC lifted its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 1.9% in the 3rd quarter. Burkett Financial Services LLC now owns 353,873 shares of the company’s stock valued at $21,901,000 after acquiring an additional 6,561 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 9.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 210,936 shares of the company’s stock valued at $13,475,000 after acquiring an additional 18,808 shares in the last quarter. Finally, Arkadios Wealth Advisors acquired a new stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF during the 1st quarter valued at $9,312,000.

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.