Summit Investment Advisory Services LLC Takes Position in JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE)

Summit Investment Advisory Services LLC purchased a new stake in shares of JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) in the fourth quarter, Holdings Channel reports. The firm purchased 23,041 shares of the company’s stock, valued at approximately $1,346,000. JPMorgan International Research Enhanced Equity ETF accounts for approximately 0.8% of Summit Investment Advisory Services LLC’s holdings, making the stock its 18th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Northwestern Mutual Wealth Management Co. grew its stake in shares of JPMorgan International Research Enhanced Equity ETF by 622.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 542 shares of the company’s stock worth $27,000 after acquiring an additional 467 shares in the last quarter. Stonebridge Capital Advisors LLC purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF in the 4th quarter worth about $27,000. Sheets Smith Wealth Management purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF in the 3rd quarter worth about $29,000. Buck Wealth Strategies LLC purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF in the 3rd quarter worth about $40,000. Finally, ICA Group Wealth Management LLC purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF in the 4th quarter worth about $69,000.

JPMorgan International Research Enhanced Equity ETF Trading Down 0.4 %

Shares of NYSEARCA:JIRE traded down $0.26 during midday trading on Friday, reaching $62.62. The company had a trading volume of 1,649,870 shares, compared to its average volume of 422,047. The company’s 50 day moving average price is $60.29 and its 200 day moving average price is $57.53. The stock has a market cap of $6.07 billion, a P/E ratio of 11.55 and a beta of -1.00. JPMorgan International Research Enhanced Equity ETF has a 52-week low of $52.10 and a 52-week high of $62.92.

JPMorgan International Research Enhanced Equity ETF 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.