JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Reaches New 12-Month High – Time to Buy?

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIREGet Free Report)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $83.51 and last traded at $83.41, with a volume of 37849 shares changing hands. The stock had previously closed at $81.72.

JPMorgan International Research Enhanced Equity ETF Stock Performance

The firm has a market capitalization of $11.19 billion, a PE ratio of 16.04 and a beta of 0.78. The stock’s 50-day simple moving average is $80.64 and its 200-day simple moving average is $78.78.

Hedge Funds Weigh In On JPMorgan International Research Enhanced Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of JIRE. Goldman Sachs Group Inc. bought a new stake in JPMorgan International Research Enhanced Equity ETF during the 1st quarter valued at approximately $1,265,000. Raymond James Financial Inc. lifted its stake in shares of JPMorgan International Research Enhanced Equity ETF by 24.2% in the 2nd quarter. Raymond James Financial Inc. now owns 595,665 shares of the company’s stock valued at $42,155,000 after purchasing an additional 116,007 shares during the period. EP Wealth Advisors LLC purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF in the 2nd quarter valued at approximately $17,652,000. IHT Wealth Management LLC bought a new stake in shares of JPMorgan International Research Enhanced Equity ETF during the second quarter valued at approximately $3,506,000. Finally, MML Investors Services LLC grew its stake in JPMorgan International Research Enhanced Equity ETF by 887.6% in the second quarter. MML Investors Services LLC now owns 1,358,561 shares of the company’s stock worth $96,145,000 after purchasing an additional 1,221,003 shares during the period.

About JPMorgan International Research Enhanced Equity ETF

(Get Free Report)

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.

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