JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Hits New 1-Year High – What’s Next?

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) reached a new 52-week high during trading on Thursday . The company traded as high as $83.77 and last traded at $83.65, with a volume of 65975 shares. The stock had previously closed at $81.67.

JPMorgan International Research Enhanced Equity ETF Stock Performance

The firm has a 50-day moving average price of $81.70 and a 200-day moving average price of $79.76. The stock has a market cap of $11.26 billion, a PE ratio of 16.04 and a beta of 0.78.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of JIRE. Goldman Sachs Group Inc. purchased a new stake in shares of JPMorgan International Research Enhanced Equity ETF during the first quarter valued at approximately $1,265,000. Raymond James Financial Inc. raised its holdings in JPMorgan International Research Enhanced Equity ETF by 24.2% in the 2nd quarter. Raymond James Financial Inc. now owns 595,665 shares of the company’s stock worth $42,155,000 after acquiring an additional 116,007 shares during the last quarter. EP Wealth Advisors LLC bought a new position in JPMorgan International Research Enhanced Equity ETF in the 2nd quarter valued at approximately $17,652,000. IHT Wealth Management LLC bought a new position in JPMorgan International Research Enhanced Equity ETF in the 2nd quarter valued at approximately $3,506,000. Finally, MML Investors Services LLC lifted its position in JPMorgan International Research Enhanced Equity ETF by 887.6% in the 2nd 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 in the last quarter.

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.