John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Reaches New 1-Year High – Here’s Why
by Michael Walen · The Markets DailyJohn Hancock Multifactor Large Cap ETF (NYSEARCA:JHML – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $81.43 and last traded at $81.4540, with a volume of 13319 shares trading hands. The stock had previously closed at $80.89.
John Hancock Multifactor Large Cap ETF Trading Up 0.2%
The company has a market capitalization of $1.06 billion, a PE ratio of 23.08 and a beta of 0.99. The stock’s fifty day moving average is $79.74 and its two-hundred day moving average is $77.43.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the stock. AE Wealth Management LLC purchased a new stake in John Hancock Multifactor Large Cap ETF in the second quarter worth $25,000. Advisory Services Network LLC bought a new position in shares of John Hancock Multifactor Large Cap ETF during the 3rd quarter worth $26,000. Assetmark Inc. bought a new position in shares of John Hancock Multifactor Large Cap ETF during the 2nd quarter worth $47,000. Farther Finance Advisors LLC increased its holdings in John Hancock Multifactor Large Cap ETF by 340.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 788 shares of the company’s stock worth $62,000 after acquiring an additional 609 shares during the last quarter. Finally, Smartleaf Asset Management LLC bought a new stake in John Hancock Multifactor Large Cap ETF in the 2nd quarter valued at about $75,000.
About John Hancock Multifactor Large Cap ETF
The John Hancock Multifactor Large Cap ETF (JHML) is an exchange-traded fund that is based on the John Hancock Dimensional Large Cap index. The fund tracks an index of largest 800 US firms, weighted by multiple factors relative to their sector peers. JHML was launched on Sep 28, 2015 and is managed by John Hancock.