JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Reaches New 12-Month High – Should You Buy?

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $84.94 and last traded at $84.86, with a volume of 350169 shares traded. The stock had previously closed at $83.87.

JPMorgan International Research Enhanced Equity ETF Stock Performance

The company has a market cap of $11.37 billion, a P/E ratio of 16.04 and a beta of 0.77. The stock has a 50-day moving average of $81.95 and a two-hundred day moving average of $79.95.

Institutional Investors Weigh In On JPMorgan International Research Enhanced Equity ETF

Institutional investors have recently modified their holdings of the stock. Arax Advisory Partners purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF in the 4th quarter worth about $29,000. Dunhill Financial LLC bought a new position in JPMorgan International Research Enhanced Equity ETF in the 4th quarter worth about $30,000. Oak Harbor Wealth Partners LLC bought a new position in JPMorgan International Research Enhanced Equity ETF in the 4th quarter worth about $35,000. Cornerstone Planning Group LLC purchased a new stake in JPMorgan International Research Enhanced Equity ETF during the 1st quarter valued at about $38,000. Finally, Aptus Capital Advisors LLC grew its position in JPMorgan International Research Enhanced Equity ETF by 434.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 566 shares of the company’s stock valued at $42,000 after purchasing an additional 460 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.