Assetmark Inc. Invests $2.13 Million in JPMorgan Active Developing Markets Equity ETF $JADE

Assetmark Inc. bought a new stake in shares of JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 32,081 shares of the company’s stock, valued at approximately $2,126,000. Assetmark Inc. owned about 8.02% of JPMorgan Active Developing Markets Equity ETF at the end of the most recent quarter.

JPMorgan Active Developing Markets Equity ETF Stock Performance

NYSEARCA:JADE opened at $76.58 on Friday. The stock has a 50-day simple moving average of $78.07 and a two-hundred day simple moving average of $72.82. JPMorgan Active Developing Markets Equity ETF has a 52-week low of $53.92 and a 52-week high of $82.75. The firm has a market capitalization of $30.63 million, a PE ratio of -150.16 and a beta of 0.80.

JPMorgan Active Developing Markets Equity ETF Company Profile

The JPMorgan Active Developing Markets Equity ETF (JADE) is an exchange-traded fund that mostly invests in total market equity. The fund is a pure actively managed ETF, investing in equities and equity-related securities tied to emerging markets. The fund is focused on both growth and value stocks, aiming for long-term growth of capital JADE was launched on May 16, 2024 and is issued by JPMorgan Chase.