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

Shares of JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) saw unusually-high trading volume on Friday . Approximately 878,066 shares were traded during 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 Up 1.6 %

The company has a market capitalization of $6.21 billion, a PE ratio of 16.01 and a beta of 0.84. The company’s 50 day moving average is $63.38 and its two-hundred day moving average is $63.60.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Family Firm Inc. bought a new position in JPMorgan International Research Enhanced Equity ETF during the second quarter valued at approximately $26,000. Hollencrest Capital Management bought a new position in shares of JPMorgan International Research Enhanced Equity ETF during the 3rd quarter valued at approximately $43,000. Sound Income Strategies LLC grew its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 2,969.2% in the third quarter. Sound Income Strategies LLC now owns 798 shares of the company’s stock valued at $53,000 after purchasing an additional 772 shares in the last quarter. International Assets Investment Management LLC bought a new stake in JPMorgan International Research Enhanced Equity ETF in the second quarter worth $61,000. Finally, Semus Wealth Partners LLC bought a new stake in JPMorgan International Research Enhanced Equity ETF in the third quarter worth $203,000.

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.