Sanctuary Advisors LLC Acquires Shares of 8,386 JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE)
Sanctuary Advisors LLC has recently made a notable investment in the JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) during the third quarter. According to its latest filing with the Securities and Exchange Commission, the institutional investor purchased 8,386 shares of this ETF, with a total value of approximately $512,000.
This acquisition is part of a broader trend, as other large investors have also adjusted their holdings in the JPMorgan International Research Enhanced Equity ETF. Hollencrest Capital Management, for example, established a new position in this ETF in the third quarter, investing about $43,000. In a more significant move, Sound Income Strategies LLC dramatically increased its stake in the ETF by 2,969.2% during the same period, owning 798 shares worth approximately $53,000 after acquiring an additional 772 shares in the last quarter.
Additionally, International Assets Investment Management LLC also acquired a new position during the previous quarter, valued at $61,000. Semus Wealth Partners LLC and WoodTrust Financial Corp also bought stakes in the ETF in the third quarter, contributing investments of $203,000 and $252,000, respectively.
Current Stock Performance of JPMorgan International Research Enhanced Equity ETF
As of Thursday, the JPMorgan International Research Enhanced Equity ETF was trading at $58.90. The ETF has a market capitalization of $5.88 billion. Currently, it holds a PE ratio of 16.01, and its beta is 0.84. Over the last 50 days, the average price of the stock has been $62.17, while the 200-day moving average stands at $63.35. The ETF has experienced a 12-month low of $56.46 and a high of $67.10.
Overview of JPMorgan International Research Enhanced Equity ETF
The JPMorgan International Research Enhanced Equity ETF (JIRE) is an actively managed exchange-traded fund. This fund primarily invests in a diverse range of stocks across developed markets, excluding North America. Since its launch on June 10, 2022, it has been managed by JPMorgan Chase.
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For those interested in tracking the holdings and recent activities of other hedge funds investing in JIRE, resources are available online.
Sanctuary, Investors, ETF