Merited Wealth LLC Boosts Stock Position in JPMorgan International Research Enhanced Equity ETF $JIRE

Merited Wealth LLC increased its holdings in shares of JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) by 148.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 36,709 shares of the company’s stock after acquiring an additional 21,928 shares during the quarter. JPMorgan International Research Enhanced Equity ETF comprises approximately 2.3% of Merited Wealth LLC’s investment portfolio, making the stock its 14th largest holding. Merited Wealth LLC’s holdings in JPMorgan International Research Enhanced Equity ETF were worth $2,780,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Factory Mutual Insurance Co. acquired a new position in shares of JPMorgan International Research Enhanced Equity ETF in the 4th quarter valued at $125,134,000. MML Investors Services LLC raised its stake in JPMorgan International Research Enhanced Equity ETF by 887.6% during the 2nd quarter. MML Investors Services LLC now owns 1,358,561 shares of the company’s stock worth $96,145,000 after acquiring an additional 1,221,003 shares in the last quarter. Raymond James Financial Inc. lifted its position in JPMorgan International Research Enhanced Equity ETF by 87.4% in the third quarter. Raymond James Financial Inc. now owns 1,116,398 shares of the company’s stock valued at $82,100,000 after acquiring an additional 520,733 shares during the last quarter. Daymark Wealth Partners LLC lifted its position in JPMorgan International Research Enhanced Equity ETF by 2,563.2% in the fourth quarter. Daymark Wealth Partners LLC now owns 454,696 shares of the company’s stock valued at $34,048,000 after acquiring an additional 437,623 shares during the last quarter. Finally, Modern Wealth Management LLC acquired a new position in JPMorgan International Research Enhanced Equity ETF in the third quarter valued at $26,919,000.

JPMorgan International Research Enhanced Equity ETF Stock Performance

Shares of JIRE stock opened at $81.72 on Thursday. The stock’s 50-day moving average is $80.64 and its two-hundred day moving average is $78.78. The firm has a market cap of $11.03 billion, a price-to-earnings ratio of 16.04 and a beta of 0.78. JPMorgan International Research Enhanced Equity ETF has a 1 year low of $68.47 and a 1 year high of $83.39.

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.