JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sets New 1-Year High – Should You Buy?

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $77.41 and last traded at $77.4350, with a volume of 5739 shares trading hands. The stock had previously closed at $77.10.

JPMorgan International Research Enhanced Equity ETF Stock Performance

The company’s fifty day simple moving average is $75.09 and its two-hundred day simple moving average is $73.38. The company has a market capitalization of $9.83 billion, a price-to-earnings ratio of 16.04 and a beta of 0.82.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Logan Capital Management Inc. acquired a new position in shares of JPMorgan International Research Enhanced Equity ETF during the 2nd quarter valued at $26,000. Bessemer Group Inc. bought a new stake in shares of JPMorgan International Research Enhanced Equity ETF during the 3rd quarter worth $29,000. Blue Trust Inc. acquired a new position in shares of JPMorgan International Research Enhanced Equity ETF in the 2nd quarter valued at $30,000. Creekmur Asset Management LLC purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF in the second quarter worth approximately $34,000. Finally, Tripletail Wealth Management LLC purchased a new stake in shares of JPMorgan International Research Enhanced Equity ETF in the third quarter valued at $37,000.

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.