JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Hits New 52-Week Low – Here’s Why

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIREGet Free Report)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as $56.30 and last traded at $56.30, with a volume of 25460 shares changing hands. The stock had previously closed at $58.52.

JPMorgan International Research Enhanced Equity ETF Price Performance

The stock has a market cap of $6.23 billion, a P/E ratio of 17.02 and a beta of 0.92. The stock’s 50-day moving average is $63.36 and its two-hundred day moving average is $62.47.

Institutional Investors Weigh In On JPMorgan International Research Enhanced Equity ETF

Several hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. raised its position in JPMorgan International Research Enhanced Equity ETF by 8.7% during the 4th quarter. JPMorgan Chase & Co. now owns 65,333,419 shares of the company’s stock worth $3,822,658,000 after buying an additional 5,229,621 shares during the last quarter. Hughes Financial Services LLC purchased a new stake in shares of JPMorgan International Research Enhanced Equity ETF during the 4th quarter valued at approximately $41,002,000. Lido Advisors LLC purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF during the 4th quarter worth approximately $21,972,000. Jane Street Group LLC grew its position in JPMorgan International Research Enhanced Equity ETF by 1,195.7% in the 4th quarter. Jane Street Group LLC now owns 364,619 shares of the company’s stock valued at $21,334,000 after acquiring an additional 336,479 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in JPMorgan International Research Enhanced Equity ETF in the 4th quarter valued at about $18,715,000.

JPMorgan International Research Enhanced Equity ETF Company Profile

(Get Free Report)

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.

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