Jane Street Group LLC Decreases Stake in Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX)

Jane Street Group LLC reduced its position in Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) by 51.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,266 shares of the company’s stock after selling 33,645 shares during the period. Jane Street Group LLC owned 6.25% of Matthews Emerging Markets ex China Active ETF worth $906,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Ameritas Advisory Services LLC lifted its position in shares of Matthews Emerging Markets ex China Active ETF by 8.2% in the fourth quarter. Ameritas Advisory Services LLC now owns 10,950 shares of the company’s stock worth $317,000 after buying an additional 834 shares in the last quarter. OLD Mission Capital LLC purchased a new stake in shares of Matthews Emerging Markets ex China Active ETF in the fourth quarter worth about $1,162,000. Castle Wealth Management LLC lifted its position in shares of Matthews Emerging Markets ex China Active ETF by 6.3% in the fourth quarter. Castle Wealth Management LLC now owns 223,233 shares of the company’s stock worth $6,471,000 after buying an additional 13,170 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Matthews Emerging Markets ex China Active ETF by 30.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 10,652 shares of the company’s stock worth $309,000 after buying an additional 2,504 shares in the last quarter.

Matthews Emerging Markets ex China Active ETF Price Performance

Shares of MEMX stock opened at $30.55 on Friday. Matthews Emerging Markets ex China Active ETF has a 1 year low of $25.16 and a 1 year high of $31.77. The stock’s 50 day simple moving average is $28.48 and its two-hundred day simple moving average is $29.00. The company has a market cap of $39.10 million, a PE ratio of 15.84 and a beta of 0.73.

Matthews Emerging Markets ex China Active ETF Profile

The Matthews Emerging Markets Ex China Active ETF (MEMX) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund is an actively managed fund that invests in companies from emerging markets, excluding China, considered to have sustainable growth potential. MEMX was launched on Jan 11, 2023 and is managed by Matthews.