JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Short Interest Update

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 449,136 shares, a drop of 33.1% from the March 15th total of 671,702 shares. Based on an average daily volume of 792,310 shares, the short-interest ratio is currently 0.6 days. Currently, 0.3% of the company’s shares are sold short.

JPMorgan International Research Enhanced Equity ETF Stock Up 1.0%

JIRE traded up $0.79 during trading on Tuesday, hitting $80.94. The company’s stock had a trading volume of 278,672 shares, compared to its average volume of 584,553. The firm has a market capitalization of $10.72 billion, a P/E ratio of 16.04 and a beta of 0.83. JPMorgan International Research Enhanced Equity ETF has a twelve month low of $62.37 and a twelve month high of $82.99. The stock’s fifty day moving average price is $78.39 and its 200-day moving average price is $76.39.

Institutional Investors Weigh In On JPMorgan International Research Enhanced Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Factory Mutual Insurance Co. bought a new position in shares of JPMorgan International Research Enhanced Equity ETF during the 4th quarter worth about $125,134,000. JPMorgan Chase & Co. grew its position in JPMorgan International Research Enhanced Equity ETF by 2.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 61,341,220 shares of the company’s stock worth $4,511,033,000 after purchasing an additional 1,420,374 shares in the last quarter. MML Investors Services LLC increased its stake in 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 buying an additional 1,221,003 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of JPMorgan International Research Enhanced Equity ETF by 32.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,734,295 shares of the company’s stock worth $201,080,000 after buying an additional 672,407 shares in the last quarter. Finally, 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 worth $82,100,000 after buying an additional 520,733 shares during 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.