JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Hits New 1-Year High – Time to Buy?

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $76.41 and last traded at $76.41, with a volume of 32633 shares. The stock had previously closed at $76.01.

JPMorgan International Research Enhanced Equity ETF Trading Up 0.4%

The firm has a fifty day moving average price of $74.52 and a 200 day moving average price of $72.32. The firm has a market cap of $9.26 billion, a PE ratio of 16.04 and a beta of 0.82.

Institutional Trading of JPMorgan International Research Enhanced Equity ETF

Several hedge funds have recently made changes to their positions in JIRE. MAI Capital Management raised its position in shares of JPMorgan International Research Enhanced Equity ETF by 18.5% during the 2nd quarter. MAI Capital Management now owns 967 shares of the company’s stock valued at $68,000 after buying an additional 151 shares during the period. Sovran Advisors LLC increased its stake in JPMorgan International Research Enhanced Equity ETF by 2.9% during the second quarter. Sovran Advisors LLC now owns 5,387 shares of the company’s stock worth $380,000 after acquiring an additional 152 shares during the last quarter. Signature Wealth Management Group lifted its stake in shares of JPMorgan International Research Enhanced Equity ETF by 3.1% in the 3rd quarter. Signature Wealth Management Group now owns 5,142 shares of the company’s stock valued at $378,000 after purchasing an additional 153 shares during the last quarter. Intrepid Financial Planning Group LLC lifted its stake in shares of JPMorgan International Research Enhanced Equity ETF by 0.9% in the 3rd quarter. Intrepid Financial Planning Group LLC now owns 20,324 shares of the company’s stock valued at $1,495,000 after purchasing an additional 173 shares during the last quarter. Finally, Truist Financial Corp grew its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 4.8% during the 3rd quarter. Truist Financial Corp now owns 4,007 shares of the company’s stock worth $295,000 after purchasing an additional 184 shares during the period.

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.