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

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) saw unusually-strong trading volume on Wednesday . Approximately 1,649,879 shares changed hands during trading, an increase of 191% from the previous session’s volume of 567,784 shares.The stock last traded at $79.30 and had previously closed at $78.28.

JPMorgan International Research Enhanced Equity ETF Trading Up 1.3%

The business has a 50-day moving average price of $78.69 and a 200-day moving average price of $75.62. The stock has a market cap of $10.07 billion, a PE ratio of 16.04 and a beta of 0.82.

Institutional Trading of JPMorgan International Research Enhanced Equity ETF

Several institutional investors have recently modified their holdings of JIRE. Beaird Harris Wealth Management LLC purchased a new stake in shares of JPMorgan International Research Enhanced Equity ETF in the fourth quarter valued at approximately $305,000. Ruggaard & Associates LLC lifted its position in JPMorgan International Research Enhanced Equity ETF by 2.5% during the fourth quarter. Ruggaard & Associates LLC now owns 14,152 shares of the company’s stock worth $1,060,000 after buying an additional 348 shares in the last quarter. McLaughlin Asset Management Inc. acquired a new position in JPMorgan International Research Enhanced Equity ETF during the fourth quarter worth $939,000. Axxcess Wealth Management LLC boosted its stake in JPMorgan International Research Enhanced Equity ETF by 13.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 12,956 shares of the company’s stock worth $970,000 after buying an additional 1,536 shares during the last quarter. Finally, Ameriflex Group Inc. grew its holdings in JPMorgan International Research Enhanced Equity ETF by 603.1% in the 4th quarter. Ameriflex Group Inc. now owns 1,125 shares of the company’s stock valued at $84,000 after buying an additional 965 shares in the last quarter.

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.