JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Strong Trading Volume

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) shares saw unusually-strong trading volume on Thursday . Approximately 681,214 shares changed hands during trading, an increase of 68% from the previous session’s volume of 405,996 shares.The stock last traded at $62.74 and had previously closed at $62.88.

JPMorgan International Research Enhanced Equity ETF Trading Down 0.4 %

The stock has a market capitalization of $6.07 billion, a price-to-earnings ratio of 11.55 and a beta of -1.00. The stock has a 50-day moving average price of $60.19 and a 200 day moving average price of $57.49.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of JIRE. UBS Group AG purchased a new position in JPMorgan International Research Enhanced Equity ETF in the 2nd quarter valued at about $1,051,000. Citadel Advisors LLC purchased a new position in JPMorgan International Research Enhanced Equity ETF in the 2nd quarter worth approximately $8,591,000. Jane Street Group LLC purchased a new position in JPMorgan International Research Enhanced Equity ETF in the 2nd quarter worth approximately $402,000. Commonwealth Equity Services LLC lifted its stake in JPMorgan International Research Enhanced Equity ETF by 20.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 7,454 shares of the company’s stock worth $324,000 after purchasing an additional 1,269 shares in the last quarter. Finally, Bank of America Corp DE purchased a new position in JPMorgan International Research Enhanced Equity ETF in the 4th quarter worth approximately $13,111,000.

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.