Institute for Wealth Management LLC. Increases Holdings in John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD)

Institute for Wealth Management LLC. increased its stake in John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) by 4.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 22,240 shares of the company’s stock after purchasing an additional 915 shares during the quarter. Institute for Wealth Management LLC. owned about 0.11% of John Hancock Multifactor Developed International ETF worth $713,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. OneDigital Investment Advisors LLC purchased a new position in John Hancock Multifactor Developed International ETF during the third quarter worth about $209,000. Raymond James & Associates grew its position in John Hancock Multifactor Developed International ETF by 9.8% during the third quarter. Raymond James & Associates now owns 66,557 shares of the company’s stock worth $2,353,000 after buying an additional 5,946 shares in the last quarter. FFG Retirement Advisors LLC grew its position in John Hancock Multifactor Developed International ETF by 2.2% during the third quarter. FFG Retirement Advisors LLC now owns 83,140 shares of the company’s stock worth $2,940,000 after buying an additional 1,811 shares in the last quarter. TNF LLC grew its position in John Hancock Multifactor Developed International ETF by 9.5% during the third quarter. TNF LLC now owns 15,021 shares of the company’s stock worth $509,000 after buying an additional 1,307 shares in the last quarter. Finally, First Horizon Advisors Inc. purchased a new position in John Hancock Multifactor Developed International ETF during the third quarter worth about $120,000.

John Hancock Multifactor Developed International ETF Stock Down 0.7 %

John Hancock Multifactor Developed International ETF stock opened at $33.51 on Friday. The business has a 50-day simple moving average of $32.86 and a 200 day simple moving average of $33.69. John Hancock Multifactor Developed International ETF has a 52 week low of $31.18 and a 52 week high of $35.94. The stock has a market cap of $703.71 million, a price-to-earnings ratio of 13.74 and a beta of 0.80.

John Hancock Multifactor Developed International ETF Company Profile

The John Hancock Multifactor Developed International ETF (JHMD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from developed markets ex-US and Canada, covering 85% of the market capitalization. Holdings are weighted based on fundamental and technical factors JHMD was launched on Dec 15, 2016 and is managed by John Hancock.