JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Strong Trading Volume – Here’s What Happened

Shares of JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) saw an uptick in trading volume on Monday . 432,117 shares traded hands during mid-day 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 Trading Down 0.7%

The firm’s 50 day simple moving average is $77.90 and its 200-day simple moving average is $77.16. The stock has a market capitalization of $10.62 billion, a price-to-earnings ratio of 16.04 and a beta of 0.79.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of JIRE. Factory Mutual Insurance Co. acquired a new stake in shares of JPMorgan International Research Enhanced Equity ETF in the 4th quarter valued at approximately $125,134,000. JPMorgan Chase & Co. raised its position in JPMorgan International Research Enhanced Equity ETF by 2.4% during the third quarter. JPMorgan Chase & Co. now owns 61,341,220 shares of the company’s stock worth $4,511,033,000 after acquiring an additional 1,420,374 shares in the last quarter. MML Investors Services LLC lifted its stake in JPMorgan International Research Enhanced Equity ETF by 887.6% in the second 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 during the last quarter. Envestnet Asset Management Inc. grew its position in shares of 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 valued at $201,080,000 after acquiring an additional 672,407 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of JPMorgan International Research Enhanced Equity ETF by 87.4% during the 3rd quarter. Raymond James Financial Inc. now owns 1,116,398 shares of the company’s stock worth $82,100,000 after purchasing an additional 520,733 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.