Pure Financial Advisors LLC Acquires New Position in JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE)

Pure Financial Advisors LLC acquired a new stake in shares of JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) in the first quarter, Holdings Channel reports. The firm acquired 685,566 shares of the company’s stock, valued at approximately $43,684,000. JPMorgan International Research Enhanced Equity ETF makes up approximately 0.9% of Pure Financial Advisors LLC’s investment portfolio, making the stock its 22nd largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mascagni Wealth Management Inc. bought a new stake in JPMorgan International Research Enhanced Equity ETF during the 4th quarter valued at about $30,000. Wells Fargo & Company MN lifted its holdings in JPMorgan International Research Enhanced Equity ETF by 1,197.6% during the 4th quarter. Wells Fargo & Company MN now owns 545 shares of the company’s stock valued at $32,000 after buying an additional 503 shares in the last quarter. Paladin Advisory Group LLC bought a new stake in JPMorgan International Research Enhanced Equity ETF during the 1st quarter valued at about $51,000. Halbert Hargrove Global Advisors LLC bought a new stake in JPMorgan International Research Enhanced Equity ETF during the 4th quarter valued at about $48,000. Finally, Lowe Wealth Advisors LLC bought a new stake in JPMorgan International Research Enhanced Equity ETF during the 1st quarter valued at about $69,000.

JPMorgan International Research Enhanced Equity ETF Price Performance

Shares of JIRE opened at $69.20 on Thursday. JPMorgan International Research Enhanced Equity ETF has a 1-year low of $56.30 and a 1-year high of $70.62. The company has a 50-day moving average of $67.80 and a 200 day moving average of $63.94. The firm has a market capitalization of $7.44 billion, a price-to-earnings ratio of 16.17 and a beta of 0.86.

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.