Janney Montgomery Scott LLC Cuts Position in JPMorgan International Research Enhanced Equity ETF $JIRE

Janney Montgomery Scott LLC trimmed its position in shares of JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) by 16.5% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,483,867 shares of the company’s stock after selling 293,203 shares during the period. Janney Montgomery Scott LLC owned approximately 1.12% of JPMorgan International Research Enhanced Equity ETF worth $112,388,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Factory Mutual Insurance Co. purchased a new stake in shares of JPMorgan International Research Enhanced Equity ETF in the 4th quarter valued at $125,134,000. MML Investors Services LLC boosted its holdings in JPMorgan International Research Enhanced Equity ETF by 887.6% during the 2nd quarter. MML Investors Services LLC now owns 1,358,561 shares of the company’s stock valued at $96,145,000 after acquiring an additional 1,221,003 shares during the period. Raymond James Financial Inc. boosted its holdings in JPMorgan International Research Enhanced Equity ETF by 87.4% during the 3rd quarter. Raymond James Financial Inc. now owns 1,116,398 shares of the company’s stock valued at $82,100,000 after acquiring an additional 520,733 shares during the period. Daymark Wealth Partners LLC boosted its holdings in JPMorgan International Research Enhanced Equity ETF by 2,563.2% during the 4th quarter. Daymark Wealth Partners LLC now owns 454,696 shares of the company’s stock valued at $34,048,000 after acquiring an additional 437,623 shares during the period. Finally, Modern Wealth Management LLC acquired a new position in JPMorgan International Research Enhanced Equity ETF in the 3rd quarter valued at about $26,919,000.

JPMorgan International Research Enhanced Equity ETF Price Performance

Shares of NYSEARCA:JIRE opened at $81.23 on Friday. The firm has a market capitalization of $10.77 billion, a PE ratio of 16.04 and a beta of 0.78. The firm’s 50-day moving average is $80.56 and its two-hundred day moving average is $78.63. JPMorgan International Research Enhanced Equity ETF has a 1 year low of $68.47 and a 1 year high of $83.39.

JPMorgan International Research Enhanced Equity ETF 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.