John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sees Unusually-High Trading Volume

Shares of John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) saw unusually-strong trading volume on Wednesday . Approximately 109,794 shares were traded during trading, an increase of 50% from the previous session’s volume of 73,044 shares.The stock last traded at $33.18 and had previously closed at $33.40.

John Hancock Multifactor Developed International ETF Trading Down 0.6 %

The company has a market cap of $696.99 million, a price-to-earnings ratio of 13.74 and a beta of 0.80. The business’s 50 day moving average price is $34.22 and its 200-day moving average price is $33.43.

Institutional Investors Weigh In On John Hancock Multifactor Developed International ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Moloney Securities Asset Management LLC lifted its stake in John Hancock Multifactor Developed International ETF by 8.1% in the 1st quarter. Moloney Securities Asset Management LLC now owns 9,100 shares of the company’s stock valued at $314,000 after purchasing an additional 680 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of John Hancock Multifactor Developed International ETF by 2,637.6% in the 1st quarter. Private Advisor Group LLC now owns 463,471 shares of the company’s stock valued at $16,004,000 after acquiring an additional 446,541 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of John Hancock Multifactor Developed International ETF by 19.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 182,244 shares of the company’s stock valued at $6,293,000 after acquiring an additional 30,114 shares in the last quarter. TNF LLC raised its holdings in John Hancock Multifactor Developed International ETF by 14.5% in the 1st quarter. TNF LLC now owns 13,449 shares of the company’s stock valued at $451,000 after buying an additional 1,708 shares during the last quarter. Finally, Capital Advisors Ltd. LLC increased its stake in shares of John Hancock Multifactor Developed International ETF by 3.2% in the first quarter. Capital Advisors Ltd. LLC now owns 14,985 shares of the company’s stock valued at $517,000 after buying an additional 465 shares during the period.

About John Hancock Multifactor Developed International ETF

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.