JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Unusually-High Trading Volume

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) shares saw unusually-high trading volume on Tuesday . Approximately 3,063,712 shares were traded during trading, an increase of 891% from the previous session’s volume of 309,237 shares.The stock last traded at $65.61 and had previously closed at $65.50.

JPMorgan International Research Enhanced Equity ETF Stock Up 0.3 %

The company has a 50 day moving average of $63.95 and a 200 day moving average of $63.10. The stock has a market capitalization of $6.56 billion, a price-to-earnings ratio of 16.01 and a beta of 0.84.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Cetera Investment Advisers increased its position in JPMorgan International Research Enhanced Equity ETF by 43.5% during the 2nd quarter. Cetera Investment Advisers now owns 449,817 shares of the company’s stock worth $28,159,000 after purchasing an additional 136,355 shares in the last quarter. 3Chopt Investment Partners LLC purchased a new position in JPMorgan International Research Enhanced Equity ETF in the 2nd quarter worth approximately $459,000. Gateway Wealth Partners LLC purchased a new position in JPMorgan International Research Enhanced Equity ETF in the 2nd quarter worth approximately $359,000. Northwestern Mutual Wealth Management Co. boosted its holdings in JPMorgan International Research Enhanced Equity ETF by 7.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 174,245 shares of the company’s stock worth $10,908,000 after acquiring an additional 11,984 shares during the period. Finally, Ascent Group LLC boosted its holdings in JPMorgan International Research Enhanced Equity ETF by 12.4% in the 2nd quarter. Ascent Group LLC now owns 14,638 shares of the company’s stock worth $916,000 after acquiring an additional 1,611 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.