JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sets New 12-Month High – Here’s What Happened

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $83.14 and last traded at $83.12, with a volume of 14394 shares. The stock had previously closed at $82.46.

JPMorgan International Research Enhanced Equity ETF Price Performance

The company has a market capitalization of $10.97 billion, a PE ratio of 16.04 and a beta of 0.78. The company has a 50-day moving average of $80.36 and a two-hundred day moving average of $78.38.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in JIRE. LPL Financial LLC grew its stake in shares of JPMorgan International Research Enhanced Equity ETF by 3.1% during the 4th quarter. LPL Financial LLC now owns 5,936,698 shares of the company’s stock valued at $444,540,000 after acquiring an additional 177,001 shares during the period. MML Investors Services LLC lifted its holdings in JPMorgan International Research Enhanced Equity ETF by 18.8% during the fourth quarter. MML Investors Services LLC now owns 1,780,194 shares of the company’s stock valued at $133,301,000 after purchasing an additional 281,363 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in JPMorgan International Research Enhanced Equity ETF by 2.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,777,070 shares of the company’s stock valued at $133,067,000 after purchasing an additional 45,782 shares in the last quarter. CWM LLC boosted its position in shares of JPMorgan International Research Enhanced Equity ETF by 12.7% in the fourth quarter. CWM LLC now owns 1,706,206 shares of the company’s stock worth $127,761,000 after purchasing an additional 191,685 shares during the period. Finally, Factory Mutual Insurance Co. purchased a new stake in shares of JPMorgan International Research Enhanced Equity ETF in the fourth quarter worth $125,134,000.

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.