John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Strong Trading Volume – Time to Buy?

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHMLGet Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 8,311 shares changed hands during trading, a decline of 54% from the previous session’s volume of 18,090 shares.The stock last traded at $70.78 and had previously closed at $70.53.

John Hancock Multifactor Large Cap ETF Stock Performance

The stock has a market capitalization of $952.43 million, a PE ratio of 22.60 and a beta of 0.96. The business’s 50-day moving average is $71.48 and its two-hundred day moving average is $68.70.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in JHML. International Assets Investment Management LLC boosted its holdings in John Hancock Multifactor Large Cap ETF by 15,881.6% in the 3rd quarter. International Assets Investment Management LLC now owns 3,421,500 shares of the company’s stock valued at $237,589,000 after purchasing an additional 3,400,091 shares in the last quarter. Grimes & Company Inc. boosted its stake in shares of John Hancock Multifactor Large Cap ETF by 1.0% in the third quarter. Grimes & Company Inc. now owns 1,709,019 shares of the company’s stock valued at $118,674,000 after buying an additional 16,179 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in John Hancock Multifactor Large Cap ETF by 6.9% during the second quarter. Envestnet Asset Management Inc. now owns 732,046 shares of the company’s stock worth $47,590,000 after acquiring an additional 46,946 shares during the period. Hill Island Financial LLC raised its position in John Hancock Multifactor Large Cap ETF by 0.3% in the second quarter. Hill Island Financial LLC now owns 356,260 shares of the company’s stock worth $23,160,000 after acquiring an additional 921 shares in the last quarter. Finally, Foundry Financial Group Inc. lifted its holdings in John Hancock Multifactor Large Cap ETF by 1.7% in the second quarter. Foundry Financial Group Inc. now owns 141,414 shares of the company’s stock valued at $9,193,000 after acquiring an additional 2,372 shares during the period.

About John Hancock Multifactor Large Cap ETF

(Get Free Report)

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.

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