JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Hits New 1-Year High – Time to Buy?

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $79.73 and last traded at $79.2790, with a volume of 142603 shares traded. The stock had previously closed at $78.90.

JPMorgan International Research Enhanced Equity ETF Stock Performance

The business has a 50 day moving average of $76.30 and a 200-day moving average of $74.18. The company has a market capitalization of $10.05 billion, a P/E ratio of 16.04 and a beta of 0.82.

Hedge Funds Weigh In On JPMorgan International Research Enhanced Equity ETF

Large investors have recently modified their holdings of the company. Logan Capital Management Inc. bought a new stake in JPMorgan International Research Enhanced Equity ETF during the 2nd quarter worth approximately $26,000. Bessemer Group Inc. purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF during the 3rd quarter valued at $29,000. Blue Trust Inc. bought a new position in shares of JPMorgan International Research Enhanced Equity ETF in the second quarter worth $30,000. Dunhill Financial LLC purchased a new stake in shares of JPMorgan International Research Enhanced Equity ETF in the fourth quarter worth $30,000. Finally, Creekmur Asset Management LLC purchased a new position in JPMorgan International Research Enhanced Equity ETF during the second quarter worth about $34,000.

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.