JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Unusually-High Trading Volume – Should You Buy?

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) saw unusually-strong trading volume on Friday . Approximately 878,066 shares changed hands during mid-day trading, an increase of 200% from the previous session’s volume of 292,310 shares.The stock last traded at $62.14 and had previously closed at $61.29.

JPMorgan International Research Enhanced Equity ETF Stock Performance

The company has a market capitalization of $6.21 billion, a PE ratio of 16.01 and a beta of 0.84. The stock’s fifty day simple moving average is $63.43 and its 200-day simple moving average is $63.60.

Institutional Trading of JPMorgan International Research Enhanced Equity ETF

Several large investors have recently bought and sold shares of JIRE. Family Firm Inc. bought a new position in shares of JPMorgan International Research Enhanced Equity ETF in the second quarter valued at approximately $26,000. Hollencrest Capital Management acquired a new position in JPMorgan International Research Enhanced Equity ETF in the third quarter worth approximately $43,000. Sound Income Strategies LLC increased its position in JPMorgan International Research Enhanced Equity ETF by 2,969.2% during the third quarter. Sound Income Strategies LLC now owns 798 shares of the company’s stock worth $53,000 after buying an additional 772 shares during the last quarter. International Assets Investment Management LLC bought a new stake in JPMorgan International Research Enhanced Equity ETF during the second quarter worth approximately $61,000. Finally, Semus Wealth Partners LLC bought a new stake in JPMorgan International Research Enhanced Equity ETF during the third quarter valued at about $203,000.

JPMorgan International Research Enhanced Equity ETF Company Profile

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.