John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sees Large Volume Increase – Here’s Why

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMDGet Free Report) shares saw strong trading volume on Thursday . 171,474 shares were traded during mid-day trading, an increase of 31% from the previous session’s volume of 131,289 shares.The stock last traded at $34.78 and had previously closed at $35.04.

John Hancock Multifactor Developed International ETF Price Performance

The business’s 50 day simple moving average is $33.30 and its 200 day simple moving average is $33.82. The stock has a market cap of $671.06 million, a P/E ratio of 15.42 and a beta of 0.86.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Rialto Wealth Management LLC acquired a new stake in shares of John Hancock Multifactor Developed International ETF during the fourth quarter worth approximately $94,000. First Horizon Advisors Inc. bought a new stake in John Hancock Multifactor Developed International ETF during the 3rd quarter worth approximately $120,000. OneDigital Investment Advisors LLC acquired a new stake in John Hancock Multifactor Developed International ETF during the 3rd quarter valued at $209,000. Zacks Investment Management bought a new position in John Hancock Multifactor Developed International ETF in the 3rd quarter valued at $210,000. Finally, JPMorgan Chase & Co. boosted its stake in John Hancock Multifactor Developed International ETF by 220.1% in the fourth quarter. JPMorgan Chase & Co. now owns 6,722 shares of the company’s stock worth $216,000 after purchasing an additional 4,622 shares in the last quarter.

John Hancock Multifactor Developed International ETF Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for John Hancock Multifactor Developed International ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Hancock Multifactor Developed International ETF and related companies with MarketBeat.com's FREE daily email newsletter.