JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Strong Trading Volume – Time to Buy?

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) shares saw an uptick in trading volume on Monday . 432,117 shares were traded during trading, a decline of 20% from the previous session’s volume of 539,610 shares.The stock last traded at $80.74 and had previously closed at $80.84.

JPMorgan International Research Enhanced Equity ETF Stock Down 0.4%

The firm has a market cap of $10.68 billion, a price-to-earnings ratio of 16.04 and a beta of 0.79. The company’s 50-day moving average price is $78.03 and its 200-day moving average price is $77.04.

Institutional Trading of JPMorgan International Research Enhanced Equity ETF

Several hedge funds have recently made changes to their positions in JIRE. Goldman Sachs Group Inc. acquired a new stake in shares of JPMorgan International Research Enhanced Equity ETF during the first quarter worth about $1,265,000. Raymond James Financial Inc. lifted its position in shares of JPMorgan International Research Enhanced Equity ETF by 24.2% during the second quarter. Raymond James Financial Inc. now owns 595,665 shares of the company’s stock worth $42,155,000 after purchasing an additional 116,007 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of JPMorgan International Research Enhanced Equity ETF during the second quarter worth about $17,652,000. IHT Wealth Management LLC acquired a new stake in shares of JPMorgan International Research Enhanced Equity ETF during the second quarter worth about $3,506,000. Finally, MML Investors Services LLC lifted its position in shares of JPMorgan International Research Enhanced Equity ETF by 887.6% during the second quarter. MML Investors Services LLC now owns 1,358,561 shares of the company’s stock worth $96,145,000 after purchasing an additional 1,221,003 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.