JPMorgan ActiveBuilders Emerging Markets Equity ETF (NASDAQ:JEMA) Sees Unusually-High Trading Volume – Here’s Why

Shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF (NASDAQ:JEMA) saw an uptick in trading volume on Thursday . Approximately 250,713 shares were traded during trading, an increase of 99% from the previous session’s volume of 126,024 shares.The stock last traded at $62.0940 and had previously closed at $62.56.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Trading Up 0.1%

The company has a fifty day simple moving average of $61.13 and a 200-day simple moving average of $59.02. The stock has a market cap of $1.71 billion, a price-to-earnings ratio of 15.19 and a beta of 0.77.

Institutional Investors Weigh In On JPMorgan ActiveBuilders Emerging Markets Equity ETF

Several institutional investors have recently made changes to their positions in JEMA. Morgan Stanley grew its position in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 381.5% in the fourth quarter. Morgan Stanley now owns 3,394,392 shares of the company’s stock worth $166,325,000 after acquiring an additional 2,689,394 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 17.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 766,434 shares of the company’s stock worth $37,555,000 after purchasing an additional 114,422 shares in the last quarter. Vestmark Advisory Solutions Inc. boosted its holdings in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 24.1% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 715,884 shares of the company’s stock worth $35,078,000 after purchasing an additional 138,884 shares in the last quarter. WNY Asset Management LLC acquired a new position in JPMorgan ActiveBuilders Emerging Markets Equity ETF during the first quarter worth $30,353,000. Finally, Lido Advisors LLC increased its position in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 65.2% during the first quarter. Lido Advisors LLC now owns 485,512 shares of the company’s stock worth $25,261,000 after buying an additional 191,554 shares during the last quarter.

About JPMorgan ActiveBuilders Emerging Markets Equity ETF

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.