Gateway Wealth Partners LLC Sells 1,600 Shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA)

Gateway Wealth Partners LLC lowered its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA) by 16.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,975 shares of the company’s stock after selling 1,600 shares during the quarter. Gateway Wealth Partners LLC’s holdings in JPMorgan ActiveBuilders Emerging Markets Equity ETF were worth $304,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of JEMA. Geneos Wealth Management Inc. acquired a new position in JPMorgan ActiveBuilders Emerging Markets Equity ETF in the 1st quarter worth approximately $32,000. Security Financial Services INC. grew its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 7.0% during the 1st quarter. Security Financial Services INC. now owns 10,508 shares of the company’s stock worth $385,000 after purchasing an additional 684 shares during the period. Lake Street Private Wealth LLC grew its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 2.2% during the 1st quarter. Lake Street Private Wealth LLC now owns 18,059 shares of the company’s stock worth $662,000 after purchasing an additional 392 shares during the period. Commonwealth Equity Services LLC grew its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 51.4% during the 1st quarter. Commonwealth Equity Services LLC now owns 37,222 shares of the company’s stock worth $1,364,000 after purchasing an additional 12,644 shares during the period. Finally, CreativeOne Wealth LLC grew its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 20.1% during the 1st quarter. CreativeOne Wealth LLC now owns 46,823 shares of the company’s stock worth $1,716,000 after purchasing an additional 7,821 shares during the period.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Stock Down 1.8 %

Shares of BATS JEMA opened at $40.59 on Tuesday. The firm has a market cap of $1.13 billion, a PE ratio of 14.32 and a beta of 0.94. The stock’s 50 day moving average price is $38.26 and its 200 day moving average price is $37.80.

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.