John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sees Strong Trading Volume – What’s Next?

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) shares saw strong trading volume on Monday . 28,098 shares were traded during trading, an increase of 25% from the previous session’s volume of 22,479 shares.The stock last traded at $25.75 and had previously closed at $25.96.

John Hancock Multifactor Emerging Markets ETF Stock Up 0.5 %

The stock has a market capitalization of $656.59 million, a P/E ratio of 11.25 and a beta of 0.87. The company has a 50 day moving average of $27.01 and a 200-day moving average of $27.21.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. TNF LLC grew its stake in John Hancock Multifactor Emerging Markets ETF by 5.3% during the 3rd quarter. TNF LLC now owns 9,436 shares of the company’s stock worth $263,000 after buying an additional 471 shares during the last quarter. SigFig Wealth Management LLC boosted its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 6.9% during the second quarter. SigFig Wealth Management LLC now owns 20,232 shares of the company’s stock valued at $541,000 after acquiring an additional 1,303 shares during the period. Private Advisor Group LLC grew its position in shares of John Hancock Multifactor Emerging Markets ETF by 22.2% during the second 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. JPMorgan Chase & Co. acquired a new stake in shares of John Hancock Multifactor Emerging Markets ETF in the 3rd quarter worth about $726,000. Finally, Commonwealth Equity Services LLC lifted its position in John Hancock Multifactor Emerging Markets ETF by 1.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 41,670 shares of the company’s stock valued at $1,114,000 after purchasing an additional 733 shares during the last quarter.

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.