Modern Wealth Management LLC Makes New Investment in JPMorgan International Research Enhanced Equity ETF $JIRE

Modern Wealth Management LLC acquired a new stake in shares of JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 366,043 shares of the company’s stock, valued at approximately $26,919,000.

A number of other large investors have also bought and sold shares of JIRE. JPMorgan Chase & Co. lifted its stake in 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 buying an additional 1,420,374 shares in the last quarter. MML Investors Services LLC lifted its position 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 acquiring an additional 1,221,003 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in JPMorgan International Research Enhanced Equity ETF by 32.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,734,295 shares of the company’s stock worth $201,080,000 after purchasing an additional 672,407 shares during the period. Vestmark Advisory Solutions Inc. increased its holdings in JPMorgan International Research Enhanced Equity ETF by 194.9% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 1,001,264 shares of the company’s stock worth $70,859,000 after purchasing an additional 661,762 shares in the last quarter. Finally, Eastern Bank raised its stake in shares of JPMorgan International Research Enhanced Equity ETF by 78.0% in the 3rd quarter. Eastern Bank now owns 1,018,563 shares of the company’s stock valued at $74,905,000 after purchasing an additional 446,367 shares during the period.

JPMorgan International Research Enhanced Equity ETF Price Performance

Shares of JPMorgan International Research Enhanced Equity ETF stock opened at $76.93 on Friday. The firm has a market cap of $9.77 billion, a price-to-earnings ratio of 16.04 and a beta of 0.82. The stock’s 50-day moving average is $78.85 and its 200-day moving average is $75.69. JPMorgan International Research Enhanced Equity ETF has a one year low of $56.30 and a one year high of $82.99.

JPMorgan International Research Enhanced Equity ETF 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.