JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Large Volume Increase – Should You Buy?

Shares of JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIREGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 1,850,908 shares traded hands during trading, an increase of 234% from the previous session’s volume of 553,556 shares.The stock last traded at $79.42 and had previously closed at $79.52.

JPMorgan International Research Enhanced Equity ETF Price Performance

The firm has a market capitalization of $10.72 billion, a P/E ratio of 16.04 and a beta of 0.79. The stock has a fifty day simple moving average of $78.13 and a two-hundred day simple moving average of $77.41.

Institutional Investors Weigh In On JPMorgan International Research Enhanced Equity ETF

A number of hedge funds have recently added to or reduced their stakes in JIRE. Factory Mutual Insurance Co. bought a new stake in JPMorgan International Research Enhanced Equity ETF in the fourth quarter worth approximately $125,134,000. JPMorgan Chase & Co. grew its stake in JPMorgan International Research Enhanced Equity ETF by 2.4% in the third quarter. JPMorgan Chase & Co. now owns 61,341,220 shares of the company’s stock valued at $4,511,033,000 after acquiring an additional 1,420,374 shares during the period. MML Investors Services LLC grew 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 period. Envestnet Asset Management Inc. grew its stake in JPMorgan International Research Enhanced Equity ETF by 32.6% in the third 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. grew its stake in JPMorgan International Research Enhanced Equity ETF by 87.4% in the third quarter. Raymond James Financial Inc. now owns 1,116,398 shares of the company’s stock valued at $82,100,000 after acquiring an additional 520,733 shares during the period.

JPMorgan International Research Enhanced Equity ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for JPMorgan International Research Enhanced Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan International Research Enhanced Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.