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 on Thursday . The company traded as high as $82.78 and last traded at $82.75, with a volume of 373090 shares. The stock had previously closed at $81.87.

JPMorgan International Research Enhanced Equity ETF Stock Up 1.1%

The stock has a market cap of $10.51 billion, a price-to-earnings ratio of 16.04 and a beta of 0.82. The company’s 50-day simple moving average is $78.17 and its 200-day simple moving average is $75.34.

Institutional Investors Weigh In On JPMorgan International Research Enhanced Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in JPMorgan International Research Enhanced Equity ETF in the 3rd quarter valued at approximately $1,216,000. Dearborn Partners LLC purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF during the 3rd quarter valued at $454,000. Etesian Wealth Advisors Inc. grew its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 14.8% during the 3rd quarter. Etesian Wealth Advisors Inc. now owns 90,021 shares of the company’s stock valued at $6,620,000 after acquiring an additional 11,590 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC increased its stake in shares of JPMorgan International Research Enhanced Equity ETF by 40.3% in the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 189,410 shares of the company’s stock worth $13,929,000 after acquiring an additional 54,406 shares during the last quarter. Finally, Eastern Bank raised its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 78.0% during the third quarter. Eastern Bank now owns 1,018,563 shares of the company’s stock worth $74,905,000 after acquiring an additional 446,367 shares in 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.