JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Hits New 1-Year High – Here’s What Happened

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $83.14 and last traded at $83.12, with a volume of 14394 shares traded. The stock had previously closed at $82.46.

JPMorgan International Research Enhanced Equity ETF Price Performance

The business’s 50 day simple moving average is $80.14 and its 200 day simple moving average is $78.27. The company has a market capitalization of $11.02 billion, a price-to-earnings ratio of 16.04 and a beta of 0.78.

Institutional Trading of JPMorgan International Research Enhanced Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. acquired a new position in shares of JPMorgan International Research Enhanced Equity ETF in the first quarter valued at approximately $1,265,000. Raymond James Financial Inc. increased its stake in JPMorgan International Research Enhanced Equity ETF by 24.2% in the 2nd quarter. Raymond James Financial Inc. now owns 595,665 shares of the company’s stock valued at $42,155,000 after buying an additional 116,007 shares during the period. EP Wealth Advisors LLC purchased a new position in JPMorgan International Research Enhanced Equity ETF during the 2nd quarter worth $17,652,000. IHT Wealth Management LLC acquired a new stake in shares of JPMorgan International Research Enhanced Equity ETF in the 2nd quarter worth $3,506,000. Finally, MML Investors Services LLC boosted its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 887.6% in the second quarter. MML Investors Services LLC now owns 1,358,561 shares of the company’s stock valued at $96,145,000 after acquiring an additional 1,221,003 shares in the last quarter.

About JPMorgan International Research Enhanced Equity ETF

The JPMorgan International Research Enhanced Equity ETF (JIRE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to stocks of any market capitalization from developed markets, excluding North America. JIRE was launched on Jun 10, 2022 and is managed by JPMorgan Chase.