JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Large Volume Increase – Here’s What Happened

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) shares saw unusually-strong trading volume on Wednesday . Approximately 1,649,879 shares were traded during trading, an increase of 191% from the previous session’s volume of 567,784 shares.The stock last traded at $79.30 and had previously closed at $78.28.

JPMorgan International Research Enhanced Equity ETF Price Performance

The stock has a market capitalization of $9.77 billion, a price-to-earnings ratio of 16.04 and a beta of 0.82. The firm’s fifty day moving average is $78.82 and its 200-day moving average is $75.66.

Hedge Funds Weigh In On JPMorgan International Research Enhanced Equity ETF

Hedge funds have recently bought and sold shares of the company. Bessemer Group Inc. acquired a new stake in JPMorgan International Research Enhanced Equity ETF during the third quarter valued at approximately $29,000. Arax Advisory Partners acquired a new stake in shares of JPMorgan International Research Enhanced Equity ETF during the 4th quarter valued at approximately $29,000. Dunhill Financial LLC bought a new position in JPMorgan International Research Enhanced Equity ETF during the fourth quarter worth $30,000. Oak Harbor Wealth Partners LLC bought a new position in JPMorgan International Research Enhanced Equity ETF during the fourth quarter worth $35,000. Finally, Tripletail Wealth Management LLC acquired a new position in JPMorgan International Research Enhanced Equity ETF in the third quarter worth $37,000.

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.