JIRE Stock Summary and Trading Ideas (J.P. Morgan Exchange-Traded Trust JPMorgan International Research Enhanced Equity ETF | ARCA:JIRE)

The investment objective of the fund is to invest primarily in companies domiciled in foreign developed markets. May modestly overweight equity securities that it considers undervalued while modestly underweighting or not holding equity securities that appear overvalued. Seeks to outperform the MSCI Europe, Australasia, Far East (EAFE) Index over time while maintaining similar risk characteristics, including sector and geographic risks.

J.P. Morgan Exchange-Traded Trust JPMorgan International Research Enhanced Equity ETF trades on the ARCA stock market under the symbol JIRE.

As of December 13, 2024, JIRE stock price declined to $62.07 with 250,176 million shares trading.

JIRE has a beta of 0.72, meaning it tends to be less sensitive to market movements. JIRE has a correlation of 0.50 to the broad based SPY ETF.

JIRE has a market cap of $6.58 billion. This is considered a Mid Cap stock.

JIRE has underperformed the market in the last year with a return of +9.5%, while the SPY ETF gained +31.7%. In the last 3 month period, JIRE fell short of the market, returning -3.9%, while SPY returned +8.4%. However, in the most recent 2 weeks JIRE has outperformed the stock market by returning +1.3%, while SPY returned +0.9%.

JIRE support price is $61.98 and resistance is $62.84 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JIRE shares will trade within this expected range on the day.