JPMorgan ActiveBuilders Emerging Markets Equity ETF (NASDAQ:JEMA) Sees Large Volume Increase – Time to Buy?

Shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF (NASDAQ:JEMA) saw unusually-strong trading volume on Thursday . Approximately 124,521 shares traded hands during trading, a decline of 2% from the previous session’s volume of 127,099 shares.The stock last traded at $62.1760 and had previously closed at $61.06.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Trading Up 2.0%

The firm has a 50-day moving average price of $61.17 and a 200-day moving average price of $59.46. The company has a market capitalization of $1.76 billion, a price-to-earnings ratio of 15.19 and a beta of 0.77.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Vestmark Advisory Solutions Inc. increased its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 24.1% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 715,884 shares of the company’s stock valued at $35,078,000 after buying an additional 138,884 shares during the period. WNY Asset Management LLC purchased a new position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF during the 1st quarter valued at $30,353,000. Lido Advisors LLC increased its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 65.2% in the first quarter. Lido Advisors LLC now owns 485,512 shares of the company’s stock worth $25,261,000 after acquiring an additional 191,554 shares during the last quarter. Burkett Financial Services LLC increased its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 41,002.0% in the second quarter. Burkett Financial Services LLC now owns 347,312 shares of the company’s stock worth $22,186,000 after acquiring an additional 346,467 shares during the last quarter. Finally, Wagner Wealth Management LLC raised its holdings in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 1.5% during the first quarter. Wagner Wealth Management LLC now owns 191,559 shares of the company’s stock worth $9,967,000 after acquiring an additional 2,776 shares in 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.