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

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $84.94 and last traded at $84.86, with a volume of 350169 shares traded. The stock had previously closed at $83.87.

JPMorgan International Research Enhanced Equity ETF Stock Down 0.1%

The business has a 50-day simple moving average of $82.09 and a two-hundred day simple moving average of $80.05. The stock has a market capitalization of $11.35 billion, a P/E ratio of 16.04 and a beta of 0.77.

Institutional Investors Weigh In On JPMorgan International Research Enhanced Equity ETF

A number of large investors have recently bought and sold shares of the business. Factory Mutual Insurance Co. bought a new position in JPMorgan International Research Enhanced Equity ETF in the fourth quarter valued at about $125,134,000. MML Investors Services LLC boosted its stake in shares of JPMorgan International Research Enhanced Equity ETF by 887.6% in the 2nd quarter. MML Investors Services LLC now owns 1,358,561 shares of the company’s stock valued at $96,145,000 after purchasing an additional 1,221,003 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of JPMorgan International Research Enhanced Equity ETF by 87.4% in the 3rd quarter. Raymond James Financial Inc. now owns 1,116,398 shares of the company’s stock valued at $82,100,000 after purchasing an additional 520,733 shares during the last quarter. Vestor Capital LLC grew its position in shares of JPMorgan International Research Enhanced Equity ETF by 55,716.2% during the 1st quarter. Vestor Capital LLC now owns 326,525 shares of the company’s stock worth $24,731,000 after buying an additional 325,940 shares during the period. Finally, EP Wealth Advisors LLC bought a new stake in shares of JPMorgan International Research Enhanced Equity ETF during the fourth quarter worth approximately $19,734,000.

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.