Castle Wealth Management LLC Buys 66,002 Shares of Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX)

Castle Wealth Management LLC raised its stake in shares of Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) by 45.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 210,063 shares of the company’s stock after acquiring an additional 66,002 shares during the period. Matthews Emerging Markets ex China Active ETF makes up 2.6% of Castle Wealth Management LLC’s holdings, making the stock its 9th biggest holding. Castle Wealth Management LLC owned approximately 42.01% of Matthews Emerging Markets ex China Active ETF worth $6,465,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Matthews Emerging Markets ex China Active ETF Stock Performance

Shares of MEMX stock opened at $30.37 on Thursday. The firm has a market cap of $15.19 million, a P/E ratio of 15.06 and a beta of 0.92. The firm’s 50 day moving average price is $30.57 and its 200-day moving average price is $30.04. Matthews Emerging Markets ex China Active ETF has a one year low of $25.27 and a one year high of $31.77.

Matthews Emerging Markets ex China Active ETF Profile

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.