Northwestern Mutual Wealth Management Co. Trims Holdings in JPMorgan International Research Enhanced Equity ETF $JIRE

Northwestern Mutual Wealth Management Co. decreased its stake in shares of JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) by 86.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 44,522 shares of the company’s stock after selling 288,614 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in JPMorgan International Research Enhanced Equity ETF were worth $3,334,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Thrivent Financial for Lutherans grew its stake in shares of JPMorgan International Research Enhanced Equity ETF by 45.6% in the 4th quarter. Thrivent Financial for Lutherans now owns 290,996 shares of the company’s stock valued at $21,917,000 after buying an additional 91,099 shares during the period. Cornerstone Wealth Management LLC grew its stake in shares of JPMorgan International Research Enhanced Equity ETF by 20.1% in the 4th quarter. Cornerstone Wealth Management LLC now owns 10,999 shares of the company’s stock valued at $824,000 after buying an additional 1,839 shares during the period. Summit Wealth Group LLC Co. purchased a new stake in shares of JPMorgan International Research Enhanced Equity ETF in the 4th quarter valued at approximately $229,000. Ameritas Advisory Services LLC purchased a new stake in shares of JPMorgan International Research Enhanced Equity ETF in the 4th quarter valued at approximately $765,000. Finally, World Investment Advisors purchased a new stake in shares of JPMorgan International Research Enhanced Equity ETF in the 4th quarter valued at approximately $2,271,000.

JPMorgan International Research Enhanced Equity ETF Price Performance

JPMorgan International Research Enhanced Equity ETF stock opened at $80.72 on Monday. The firm has a 50 day simple moving average of $78.20 and a 200-day simple moving average of $77.46. JPMorgan International Research Enhanced Equity ETF has a 1-year low of $67.89 and a 1-year high of $82.99. The stock has a market cap of $10.71 billion, a price-to-earnings ratio of 16.04 and a beta of 0.79.

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.