JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Strong Trading Volume – Time to Buy?

Shares of JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) saw an uptick in trading volume on Tuesday . 771,146 shares were traded during trading, an increase of 153% from the previous session’s volume of 305,398 shares.The stock last traded at $58.46 and had previously closed at $58.46.

JPMorgan International Research Enhanced Equity ETF Stock Down 0.1 %

The stock has a market capitalization of $5.83 billion, a price-to-earnings ratio of 16.01 and a beta of 0.84. The stock’s 50-day simple moving average is $61.73 and its 200 day simple moving average is $63.22.

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 business. Garden State Investment Advisory Services LLC raised its stake in shares of JPMorgan International Research Enhanced Equity ETF by 5.1% in the third quarter. Garden State Investment Advisory Services LLC now owns 116,833 shares of the company’s stock worth $7,714,000 after acquiring an additional 5,713 shares during the last quarter. World Investment Advisors LLC bought a new position in JPMorgan International Research Enhanced Equity ETF in the 3rd quarter worth approximately $366,000. Sanctuary Advisors LLC acquired a new position in JPMorgan International Research Enhanced Equity ETF during the 3rd quarter worth $512,000. MML Investors Services LLC boosted its position in JPMorgan International Research Enhanced Equity ETF by 59.0% in the 3rd quarter. MML Investors Services LLC now owns 133,212 shares of the company’s stock valued at $8,796,000 after buying an additional 49,443 shares during the last quarter. Finally, Tradition Wealth Management LLC acquired a new stake in shares of JPMorgan International Research Enhanced Equity ETF in the 3rd quarter valued at $629,000.

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.