JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Reaches New 1-Year High – Still a Buy?

Shares of JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) reached a new 52-week high on Tuesday . The stock traded as high as $75.61 and last traded at $75.54, with a volume of 58582 shares trading hands. The stock had previously closed at $75.11.

JPMorgan International Research Enhanced Equity ETF Trading Up 0.6%

The firm has a market cap of $9.17 billion, a P/E ratio of 16.04 and a beta of 0.82. The business’s 50-day moving average is $73.78 and its two-hundred day moving average is $71.20.

Institutional Trading of JPMorgan International Research Enhanced Equity ETF

Hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 2.4% in the third quarter. JPMorgan Chase & Co. now owns 61,341,220 shares of the company’s stock valued at $4,511,033,000 after purchasing an additional 1,420,374 shares in the last quarter. Envestnet Asset Management Inc. grew its position in JPMorgan International Research Enhanced Equity ETF by 183.9% during the second quarter. Envestnet Asset Management Inc. now owns 2,061,888 shares of the company’s stock valued at $145,920,000 after purchasing an additional 1,335,567 shares in the last quarter. MML Investors Services LLC increased its stake in JPMorgan International Research Enhanced Equity ETF by 887.6% in the 2nd quarter. MML Investors Services LLC now owns 1,358,561 shares of the company’s stock valued at $96,145,000 after buying an additional 1,221,003 shares during the period. Dynasty Wealth Management LLC purchased a new stake in JPMorgan International Research Enhanced Equity ETF in the 1st quarter worth approximately $75,206,000. Finally, Conservest Capital Advisors Inc. grew its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 8,731.2% during the 1st quarter. Conservest Capital Advisors Inc. now owns 875,352 shares of the company’s stock valued at $55,777,000 after acquiring an additional 865,440 shares in the last quarter.

JPMorgan International Research Enhanced Equity ETF Company Profile

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.