JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Reaches New 12-Month High – What’s Next?

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $67.10 and last traded at $66.87, with a volume of 30718 shares trading hands. The stock had previously closed at $65.90.

JPMorgan International Research Enhanced Equity ETF Stock Performance

The company has a market capitalization of $6.85 billion, a PE ratio of 15.56 and a beta of 0.86. The company’s fifty day moving average is $63.66 and its 200-day moving average is $62.28.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of JIRE. Dynasty Wealth Management LLC bought a new stake in shares of JPMorgan International Research Enhanced Equity ETF during the first quarter valued at approximately $75,206,000. CWM LLC grew its stake in JPMorgan International Research Enhanced Equity ETF by 77.5% during the first quarter. CWM LLC now owns 1,085,129 shares of the company’s stock valued at $69,144,000 after acquiring an additional 473,617 shares in the last quarter. Hughes Financial Services LLC increased its holdings in JPMorgan International Research Enhanced Equity ETF by 4.6% in the 1st quarter. Hughes Financial Services LLC now owns 733,283 shares of the company’s stock valued at $46,769,000 after acquiring an additional 32,518 shares during the last quarter. TruNorth Capital Management LLC purchased a new stake in JPMorgan International Research Enhanced Equity ETF in the 1st quarter worth $741,000. Finally, Northwest Capital Management Inc boosted its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 137.0% during the 1st quarter. Northwest Capital Management Inc now owns 8,092 shares of the company’s stock valued at $516,000 after purchasing an additional 4,678 shares during 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.