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

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) shares saw unusually-high trading volume on Wednesday . Approximately 210,452 shares traded hands during mid-day 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 Stock Up 2.0 %

The stock’s 50-day simple moving average is $63.93 and its 200 day simple moving average is $63.03. The company has a market cap of $6.58 billion, a price-to-earnings ratio of 16.01 and a beta of 0.84.

Institutional Trading of JPMorgan International Research Enhanced Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of JIRE. Parcion Private Wealth LLC purchased a new stake in JPMorgan International Research Enhanced Equity ETF during the second quarter worth about $55,772,000. LPL Financial LLC increased its stake in JPMorgan International Research Enhanced Equity ETF by 20.0% during the second quarter. LPL Financial LLC now owns 2,284,726 shares of the company’s stock worth $143,024,000 after purchasing an additional 380,609 shares during the period. Choice Wealth Advisors LLC purchased a new stake in JPMorgan International Research Enhanced Equity ETF during the second quarter worth about $18,619,000. Janney Montgomery Scott LLC increased its stake in JPMorgan International Research Enhanced Equity ETF by 105.8% during the first quarter. Janney Montgomery Scott LLC now owns 504,365 shares of the company’s stock worth $31,583,000 after purchasing an additional 259,289 shares during the period. Finally, Southern Farm Bureau Life Insurance purchased a new stake in JPMorgan International Research Enhanced Equity ETF during the second quarter worth about $15,315,000.

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.