Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) Shares Bought by Castle Wealth Management LLC

Castle Wealth Management LLC lifted its position in shares of Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) by 2.6% in the fourth quarter, Holdings Channel reports. The firm owned 126,695 shares of the company’s stock after purchasing an additional 3,219 shares during the period. Matthews Emerging Markets ex China Active ETF makes up about 2.1% of Castle Wealth Management LLC’s investment portfolio, making the stock its 14th biggest position. Castle Wealth Management LLC owned approximately 0.79% of Matthews Emerging Markets ex China Active ETF worth $3,515,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. UBS Group AG purchased a new position in Matthews Emerging Markets ex China Active ETF in the first quarter valued at about $36,000. Jane Street Group LLC purchased a new stake in shares of Matthews Emerging Markets ex China Active ETF during the 1st quarter valued at about $301,000. Kades & Cheifetz LLC acquired a new position in Matthews Emerging Markets ex China Active ETF during the 4th quarter worth approximately $580,000. Finally, Chicago Partners Investment Group LLC purchased a new position in Matthews Emerging Markets ex China Active ETF in the 3rd quarter worth approximately $618,000.

Matthews Emerging Markets ex China Active ETF Trading Down 0.5 %

NYSEARCA:MEMX traded down $0.13 during trading hours on Friday, hitting $27.68. The stock had a trading volume of 699 shares, compared to its average volume of 2,782. The company has a market cap of $11.07 million, a PE ratio of 15.03 and a beta of 0.96. The business has a 50 day simple moving average of $28.68 and a two-hundred day simple moving average of $27.21. Matthews Emerging Markets ex China Active ETF has a 1-year low of $24.21 and a 1-year high of $29.32.

About Matthews Emerging Markets ex China Active ETF

The Matthews Emerging Markets Ex China Active ETF (MEMX) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund is an actively managed fund that invests in companies from emerging markets, excluding China, considered to have sustainable growth potential. MEMX was launched on Jan 11, 2023 and is managed by Matthews.