JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Hits New 52-Week Low – What’s Next?

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $56.30 and last traded at $56.30, with a volume of 25460 shares changing hands. The stock had previously closed at $58.52.

JPMorgan International Research Enhanced Equity ETF Stock Down 1.5 %

The stock has a 50-day moving average of $63.62 and a 200 day moving average of $62.62. The stock has a market cap of $5.88 billion, a PE ratio of 17.02 and a beta of 0.92.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Firethorn Wealth Partners LLC lifted its holdings in JPMorgan International Research Enhanced Equity ETF by 4.1% in the fourth quarter. Firethorn Wealth Partners LLC now owns 4,400 shares of the company’s stock valued at $257,000 after acquiring an additional 173 shares during the last quarter. Integrated Capital Management LLC increased its stake in JPMorgan International Research Enhanced Equity ETF by 4.9% during the fourth quarter. Integrated Capital Management LLC now owns 3,830 shares of the company’s stock worth $224,000 after acquiring an additional 178 shares during the last quarter. Csenge Advisory Group raised its position in JPMorgan International Research Enhanced Equity ETF by 0.9% in the fourth quarter. Csenge Advisory Group now owns 23,842 shares of the company’s stock valued at $1,395,000 after purchasing an additional 204 shares during the period. IFP Advisors Inc lifted its stake in shares of JPMorgan International Research Enhanced Equity ETF by 7.6% in the 4th quarter. IFP Advisors Inc now owns 5,235 shares of the company’s stock valued at $306,000 after purchasing an additional 371 shares during the last quarter. Finally, Marshall Financial Group LLC grew its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 1.6% during the 4th quarter. Marshall Financial Group LLC now owns 24,088 shares of the company’s stock worth $1,409,000 after purchasing an additional 376 shares during the period.

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.