Paladin Wealth LLC Acquires 457 Shares of Matthews Emerging Markets Equity Active ETF (NYSEARCA:MEM)

Paladin Wealth LLC increased its stake in Matthews Emerging Markets Equity Active ETF (NYSEARCA:MEM) by 3.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,611 shares of the company’s stock after acquiring an additional 457 shares during the period. Paladin Wealth LLC owned about 0.70% of Matthews Emerging Markets Equity Active ETF worth $365,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Greenwich Wealth Management LLC boosted its stake in shares of Matthews Emerging Markets Equity Active ETF by 71.5% during the third quarter. Greenwich Wealth Management LLC now owns 39,948 shares of the company’s stock valued at $1,319,000 after purchasing an additional 16,656 shares during the period. Flow Traders U.S. LLC boosted its position in shares of Matthews Emerging Markets Equity Active ETF by 5.0% during the third quarter. Flow Traders U.S. LLC now owns 59,723 shares of the company’s stock valued at $1,971,000 after purchasing an additional 2,864 shares in the last quarter. Brown Financial Advisors grew its position in shares of Matthews Emerging Markets Equity Active ETF by 6.0% in the 3rd quarter. Brown Financial Advisors now owns 32,063 shares of the company’s stock worth $1,058,000 after buying an additional 1,808 shares during the period. JGP Wealth Management LLC bought a new position in Matthews Emerging Markets Equity Active ETF during the 4th quarter valued at approximately $266,000. Finally, Gradient Investments LLC raised its position in shares of Matthews Emerging Markets Equity Active ETF by 4.4% in the 4th quarter. Gradient Investments LLC now owns 458,829 shares of the company’s stock worth $13,274,000 after purchasing an additional 19,390 shares during the last quarter.

Matthews Emerging Markets Equity Active ETF Trading Up 1.0 %

Shares of MEM opened at $29.92 on Tuesday. Matthews Emerging Markets Equity Active ETF has a 12 month low of $27.67 and a 12 month high of $36.15. The company has a market cap of $53.86 million, a price-to-earnings ratio of 15.89 and a beta of 0.90. The business’s fifty day simple moving average is $29.79 and its two-hundred day simple moving average is $30.97.

Matthews Emerging Markets Equity Active ETF Profile

The Matthews Emerging Markets Equity Active ETF (MEM) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in emerging market companies with perceived sustainable growth potential. MEM was launched on Jul 13, 2022 and is managed by Matthews.