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

Shares of JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) reached a new 52-week high during trading on Friday . The stock traded as high as $81.99 and last traded at $81.8950, with a volume of 62314 shares traded. The stock had previously closed at $81.41.

JPMorgan International Research Enhanced Equity ETF Price Performance

The business’s 50 day moving average price is $77.61 and its 200-day moving average price is $74.99. The firm has a market capitalization of $10.41 billion, a price-to-earnings ratio of 16.04 and a beta of 0.82.

Hedge Funds Weigh In On JPMorgan International Research Enhanced Equity ETF

A number of large investors have recently modified their holdings of JIRE. Factory Mutual Insurance Co. acquired a new stake in JPMorgan International Research Enhanced Equity ETF in the fourth quarter valued at $125,134,000. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 2.4% in the 3rd 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. lifted its stake in shares of JPMorgan International Research Enhanced Equity ETF by 183.9% in 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 during the period. MML Investors Services LLC lifted its stake 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 purchasing an additional 1,221,003 shares during the period. Finally, Vestmark Advisory Solutions Inc. boosted its holdings in JPMorgan International Research Enhanced Equity ETF by 194.9% during the second quarter. Vestmark Advisory Solutions Inc. now owns 1,001,264 shares of the company’s stock worth $70,859,000 after buying an additional 661,762 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.