JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Stock Breaks Below Two Hundred Day Moving Average – What’s Next?

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $81.07 and traded as low as $80.93. JPMorgan International Research Enhanced Equity ETF shares last traded at $80.96, with a volume of 467,480 shares.

JPMorgan International Research Enhanced Equity ETF Price Performance

The company has a market capitalization of $10.95 billion, a P/E ratio of 17.41 and a beta of 0.78. The firm has a fifty day moving average price of $82.67 and a 200-day moving average price of $81.07.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its position in shares of JPMorgan International Research Enhanced Equity ETF by 3.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,208,978 shares of the company’s stock valued at $264,709,000 after purchasing an additional 108,160 shares during the last quarter. Eastern Bank purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF in the 3rd quarter worth about $193,122,000. Lido Advisors LLC purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF in the 3rd quarter worth about $136,104,000. Commonwealth Equity Services LLC purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF in the 3rd quarter worth about $135,988,000. Finally, Cetera Investment Advisers increased its holdings in JPMorgan International Research Enhanced Equity ETF by 3.4% during the first quarter. Cetera Investment Advisers now owns 1,282,396 shares of the company’s stock worth $97,128,000 after buying an additional 42,194 shares during the last quarter.

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.