JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) Shares Up 39.8% – Time to Buy?

JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) rose 39.8% on Monday . The stock traded as high as $38.4945 and last traded at $53.6020. Approximately 161,751 shares changed hands during mid-day trading, an increase of 150% from the average daily volume of 64,670 shares. The stock had previously closed at $38.3411.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Stock Performance

The stock has a fifty day moving average of $50.50 and a 200-day moving average of $48.11. The company has a market cap of $1.51 billion, a PE ratio of 15.19 and a beta of 0.66.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of JEMA. Vestmark Advisory Solutions Inc. lifted its holdings in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 115.1% in the second quarter. Vestmark Advisory Solutions Inc. now owns 1,211,208 shares of the company’s stock valued at $52,143,000 after acquiring an additional 648,175 shares during the period. Jane Street Group LLC lifted its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 199.5% in the 2nd quarter. Jane Street Group LLC now owns 420,584 shares of the company’s stock valued at $18,106,000 after purchasing an additional 280,161 shares during the period. Flow Traders U.S. LLC acquired a new stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF during the second quarter valued at $6,539,000. Lido Advisors LLC grew its position in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 76.0% during the second quarter. Lido Advisors LLC now owns 220,133 shares of the company’s stock valued at $9,477,000 after buying an additional 95,060 shares during the period. Finally, Daymark Wealth Partners LLC grew its position in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 73.1% during the fourth quarter. Daymark Wealth Partners LLC now owns 191,913 shares of the company’s stock valued at $9,404,000 after buying an additional 81,042 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.