JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Large Volume Increase – Here’s What Happened

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) shares saw an uptick in trading volume on Thursday. Approximately 513,468 shares were traded during trading, an increase of 7% from the previous session’s volume of 480,748 shares. The stock last traded at $81.4360 and had previously closed at $82.16.

JPMorgan International Research Enhanced Equity ETF Stock Down 1.2%

The company has a market capitalization of $10.80 billion, a P/E ratio of 16.04 and a beta of 0.77. The firm has a 50-day moving average price of $84.05 and a two-hundred day moving average price of $81.34.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. LPL Financial LLC boosted its holdings in JPMorgan International Research Enhanced Equity ETF by 3.1% during the fourth quarter. LPL Financial LLC now owns 5,936,698 shares of the company’s stock valued at $444,540,000 after purchasing an additional 177,001 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan International Research Enhanced Equity ETF by 3.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,208,978 shares of the company’s stock valued at $264,709,000 after purchasing an additional 108,160 shares during the period. Eastern Bank boosted its stake in JPMorgan International Research Enhanced Equity ETF by 12.8% during the 2nd quarter. Eastern Bank now owns 2,293,479 shares of the company’s stock worth $189,189,000 after acquiring an additional 260,638 shares during the last quarter. MML Investors Services LLC lifted its holdings in JPMorgan International Research Enhanced Equity ETF by 18.8% during the fourth quarter. MML Investors Services LLC now owns 1,780,194 shares of the company’s stock worth $133,301,000 after acquiring an additional 281,363 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in JPMorgan International Research Enhanced Equity ETF by 2.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,777,070 shares of the company’s stock valued at $133,067,000 after buying an additional 45,782 shares in the last quarter.

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.