JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sets New 52-Week High – Here’s Why

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $76.95 and last traded at $76.78, with a volume of 58946 shares trading hands. The stock had previously closed at $76.64.

JPMorgan International Research Enhanced Equity ETF Stock Up 0.2%

The firm has a market capitalization of $10.27 billion, a PE ratio of 16.04 and a beta of 0.82. The company’s 50-day simple moving average is $74.80 and its 200 day simple moving average is $73.06.

Hedge Funds Weigh In On JPMorgan International Research Enhanced Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Logan Capital Management Inc. purchased a new stake in shares of JPMorgan International Research Enhanced Equity ETF during the 2nd quarter valued at $26,000. Bessemer Group Inc. acquired a new position in JPMorgan International Research Enhanced Equity ETF during the 3rd quarter valued at about $29,000. Blue Trust Inc. purchased a new stake in JPMorgan International Research Enhanced Equity ETF in the second quarter valued at about $30,000. Creekmur Asset Management LLC acquired a new stake in JPMorgan International Research Enhanced Equity ETF in the second quarter worth about $34,000. Finally, Tripletail Wealth Management LLC acquired a new stake in JPMorgan International Research Enhanced Equity ETF in the third quarter worth about $37,000.

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.