Janney Montgomery Scott LLC Cuts Holdings in JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA)

Janney Montgomery Scott LLC lowered its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) by 26.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 498,672 shares of the company’s stock after selling 177,595 shares during the period. Janney Montgomery Scott LLC’s holdings in JPMorgan ActiveBuilders Emerging Markets Equity ETF were worth $20,241,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Flow Traders U.S. LLC purchased a new stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF during the first quarter valued at about $5,505,000. Jane Street Group LLC increased its position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 141.1% during the 1st quarter. Jane Street Group LLC now owns 200,701 shares of the company’s stock valued at $7,356,000 after purchasing an additional 117,452 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF during the 2nd quarter valued at about $4,164,000. Advantage Trust Co lifted its position in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 51.5% in the 1st quarter. Advantage Trust Co now owns 137,306 shares of the company’s stock worth $5,032,000 after buying an additional 46,653 shares during the last quarter. Finally, Pallas Capital Advisors LLC boosted its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 6.7% in the third quarter. Pallas Capital Advisors LLC now owns 250,321 shares of the company’s stock worth $10,002,000 after buying an additional 15,748 shares in the last quarter.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Price Performance

JEMA stock opened at $40.33 on Wednesday. The stock has a market capitalization of $1.12 billion, a P/E ratio of 14.32 and a beta of 0.94. The business’s 50 day simple moving average is $39.59 and its 200 day simple moving average is $38.49.

JPMorgan ActiveBuilders Emerging Markets Equity ETF 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.