JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Unusually-High Trading Volume – Time to Buy?

Shares of JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) saw unusually-high trading volume on Tuesday . Approximately 1,430,797 shares traded hands during mid-day trading, an increase of 273% from the previous session’s volume of 383,621 shares.The stock last traded at $70.07 and had previously closed at $69.93.

JPMorgan International Research Enhanced Equity ETF Stock Performance

The business has a 50 day moving average price of $65.61 and a 200-day moving average price of $63.35. The company has a market capitalization of $7.30 billion, a price-to-earnings ratio of 16.30 and a beta of 0.86.

Institutional Trading of JPMorgan International Research Enhanced Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Kingsview Wealth Management LLC grew its stake in JPMorgan International Research Enhanced Equity ETF by 74.7% in the 4th quarter. Kingsview Wealth Management LLC now owns 26,272 shares of the company’s stock valued at $1,537,000 after purchasing an additional 11,232 shares during the period. Kestra Private Wealth Services LLC grew its position in JPMorgan International Research Enhanced Equity ETF by 956.5% during the fourth quarter. Kestra Private Wealth Services LLC now owns 32,075 shares of the company’s stock valued at $1,877,000 after buying an additional 29,039 shares during the period. Wagner Wealth Management LLC increased its holdings in JPMorgan International Research Enhanced Equity ETF by 8.7% during the fourth quarter. Wagner Wealth Management LLC now owns 94,711 shares of the company’s stock worth $5,542,000 after buying an additional 7,602 shares during the last quarter. Essex Financial Services Inc. bought a new stake in JPMorgan International Research Enhanced Equity ETF in the fourth quarter worth about $255,000. Finally, Sovran Advisors LLC purchased a new position in JPMorgan International Research Enhanced Equity ETF in the fourth quarter valued at about $297,000.

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.