JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Large Volume Increase

Shares of JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) saw unusually-high trading volume on Wednesday . Approximately 210,452 shares traded hands during trading, a decline of 29% from the previous session’s volume of 294,548 shares.The stock last traded at $64.56 and had previously closed at $64.77.

JPMorgan International Research Enhanced Equity ETF Price Performance

The firm has a market cap of $6.43 billion, a P/E ratio of 16.01 and a beta of 0.84. The company’s 50-day simple moving average is $63.90 and its 200 day simple moving average is $63.00.

Institutional Investors Weigh In On JPMorgan International Research Enhanced Equity ETF

Several institutional investors have recently modified their holdings of JIRE. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 5.2% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 225,015 shares of the company’s stock worth $13,150,000 after acquiring an additional 11,127 shares during the last quarter. Leo Wealth LLC purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF during the fourth quarter valued at approximately $783,000. International Assets Investment Management LLC purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF during the second quarter valued at approximately $61,000. Envestnet Portfolio Solutions Inc. grew its stake in shares of JPMorgan International Research Enhanced Equity ETF by 60.7% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 28,621 shares of the company’s stock valued at $1,792,000 after buying an additional 10,814 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. raised its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 6.7% in the second quarter. Concourse Financial Group Securities Inc. now owns 4,947 shares of the company’s stock worth $310,000 after buying an additional 310 shares during the period.

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.