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

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $84.94 and last traded at $84.86, with a volume of 350169 shares trading hands. The stock had previously closed at $83.87.

JPMorgan International Research Enhanced Equity ETF Price Performance

The business’s 50 day moving average price is $81.95 and its 200 day moving average price is $79.95. The stock has a market capitalization of $11.37 billion, a P/E ratio of 16.04 and a beta of 0.77.

Institutional Investors Weigh In On JPMorgan International Research Enhanced Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in JIRE. Fulton Bank N.A. grew its position in JPMorgan International Research Enhanced Equity ETF by 65.0% in the 2nd quarter. Fulton Bank N.A. now owns 137,763 shares of the company’s stock worth $11,364,000 after purchasing an additional 54,270 shares during the period. Choice Wealth Advisors LLC raised its stake in JPMorgan International Research Enhanced Equity ETF by 1.0% during the 2nd quarter. Choice Wealth Advisors LLC now owns 305,647 shares of the company’s stock valued at $25,213,000 after buying an additional 2,883 shares during the last quarter. First Bank & Trust lifted its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 20.9% during the 2nd quarter. First Bank & Trust now owns 21,125 shares of the company’s stock valued at $1,743,000 after buying an additional 3,656 shares during the period. GoalVest Advisory LLC lifted its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 51.1% during the 2nd quarter. GoalVest Advisory LLC now owns 822 shares of the company’s stock valued at $68,000 after buying an additional 278 shares during the period. Finally, Sax Wealth Advisors LLC boosted its stake in shares of JPMorgan International Research Enhanced Equity ETF by 8.7% in the 2nd quarter. Sax Wealth Advisors LLC now owns 351,683 shares of the company’s stock worth $26,636,000 after buying an additional 28,273 shares during 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.