John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Shares Sold by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC reduced its stake in John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 359,569 shares of the company’s stock after selling 1,005 shares during the period. Pallas Capital Advisors LLC owned 1.42% of John Hancock Multifactor Emerging Markets ETF worth $9,295,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Envestnet Asset Management Inc. lifted its position in shares of John Hancock Multifactor Emerging Markets ETF by 10.2% during the second quarter. Envestnet Asset Management Inc. now owns 385,015 shares of the company’s stock worth $10,291,000 after purchasing an additional 35,645 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 10.2% during the third quarter. Captrust Financial Advisors now owns 344,968 shares of the company’s stock valued at $9,866,000 after purchasing an additional 31,989 shares during the period. Jane Street Group LLC raised its stake in shares of John Hancock Multifactor Emerging Markets ETF by 240.9% during the 3rd quarter. Jane Street Group LLC now owns 126,217 shares of the company’s stock worth $3,610,000 after purchasing an additional 89,194 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of John Hancock Multifactor Emerging Markets ETF by 1.8% in the second quarter. Commonwealth Equity Services LLC now owns 41,670 shares of the company’s stock valued at $1,114,000 after acquiring an additional 733 shares during the period. Finally, Private Advisor Group LLC grew its position in John Hancock Multifactor Emerging Markets ETF by 22.2% during the 2nd quarter. Private Advisor Group LLC now owns 26,074 shares of the company’s stock worth $697,000 after acquiring an additional 4,736 shares during the last quarter.

John Hancock Multifactor Emerging Markets ETF Stock Performance

Shares of JHEM stock traded down $0.16 during trading hours on Monday, reaching $25.12. The company had a trading volume of 9,347 shares, compared to its average volume of 75,007. John Hancock Multifactor Emerging Markets ETF has a one year low of $23.74 and a one year high of $29.24. The business has a fifty day moving average price of $26.69 and a 200-day moving average price of $27.13. The firm has a market cap of $638.05 million, a PE ratio of 11.25 and a beta of 0.87.

About John Hancock Multifactor Emerging Markets ETF

The John Hancock Multifactor Emerging Markets ETF (JHEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor weighted index of large- and mid-cap stocks from emerging markets. JHEM was launched on Sep 27, 2018 and is managed by John Hancock.