JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) Trading 39.8% Higher – Here’s What Happened

Shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) rose 39.8% during mid-day trading on Monday . The stock traded as high as $38.4945 and last traded at $53.6020. Approximately 161,751 shares were traded during 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 market cap of $1.51 billion, a PE ratio of 15.19 and a beta of 0.66. The company has a 50 day moving average of $50.50 and a two-hundred day moving average of $48.11.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vestmark Advisory Solutions Inc. raised its position in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 115.1% during the second quarter. Vestmark Advisory Solutions Inc. now owns 1,211,208 shares of the company’s stock worth $52,143,000 after acquiring an additional 648,175 shares during the period. Pallas Capital Advisors LLC lifted its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 5.4% in the 4th quarter. Pallas Capital Advisors LLC now owns 430,251 shares of the company’s stock valued at $21,082,000 after buying an additional 22,227 shares in the last quarter. Kelly Financial Group LLC lifted its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 1.9% in the 4th quarter. Kelly Financial Group LLC now owns 421,311 shares of the company’s stock valued at $20,644,000 after buying an additional 8,052 shares in the last quarter. Jane Street Group LLC boosted its holdings in 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 worth $18,106,000 after buying an additional 280,161 shares during the last quarter. Finally, Lido Advisors LLC increased its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 32.6% during the 3rd quarter. Lido Advisors LLC now owns 291,849 shares of the company’s stock worth $13,877,000 after buying an additional 71,716 shares in the last quarter.

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.