JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) Reaches New 1-Year High – Should You Buy?

Shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) hit a new 52-week high during trading on Monday . The stock traded as high as $62.44 and last traded at $62.44, with a volume of 3815 shares changing hands. The stock had previously closed at $62.32.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Price Performance

The company has a fifty day moving average of $55.07 and a 200 day moving average of $52.42. The firm has a market capitalization of $1.75 billion, a P/E ratio of 15.19 and a beta of 0.66.

Hedge Funds Weigh In On JPMorgan ActiveBuilders Emerging Markets Equity ETF

Several institutional investors have recently added to or reduced their stakes in the business. Firethorn Wealth Partners LLC lifted its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 5.2% in the fourth quarter. Firethorn Wealth Partners LLC now owns 5,156 shares of the company’s stock valued at $253,000 after buying an additional 256 shares during the period. AdvisorNet Financial Inc lifted its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 6.3% in the first quarter. AdvisorNet Financial Inc now owns 4,738 shares of the company’s stock valued at $247,000 after buying an additional 279 shares during the period. Geneos Wealth Management Inc. lifted its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 28.6% in the first quarter. Geneos Wealth Management Inc. now owns 1,795 shares of the company’s stock valued at $69,000 after buying an additional 399 shares during the period. ORG Partners LLC lifted its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 17.5% in the fourth quarter. ORG Partners LLC now owns 2,961 shares of the company’s stock valued at $145,000 after buying an additional 442 shares during the period. Finally, Wayfinding Financial LLC lifted its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 4.8% in the third quarter. Wayfinding Financial LLC now owns 10,924 shares of the company’s stock valued at $519,000 after buying an additional 503 shares during the period.

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.