John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Unusually-High Trading Volume – Here’s Why

Shares of John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) saw an uptick in trading volume on Tuesday . 62,658 shares were traded during mid-day trading, an increase of 89% from the previous session’s volume of 33,082 shares.The stock last traded at $72.03 and had previously closed at $71.71.

John Hancock Multifactor Large Cap ETF Price Performance

The stock’s 50-day moving average is $71.57 and its two-hundred day moving average is $69.47. The company has a market cap of $976.55 million, a P/E ratio of 22.60 and a beta of 0.96.

Hedge Funds Weigh In On John Hancock Multifactor Large Cap ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Assetmark Inc. bought a new stake in shares of John Hancock Multifactor Large Cap ETF during the third quarter valued at approximately $48,000. Coastline Trust Co bought a new stake in shares of John Hancock Multifactor Large Cap ETF in the third quarter worth about $153,000. FMR LLC lifted its position in shares of John Hancock Multifactor Large Cap ETF by 8.6% in the third quarter. FMR LLC now owns 2,243 shares of the company’s stock worth $156,000 after buying an additional 178 shares in the last quarter. First Horizon Advisors Inc. bought a new stake in John Hancock Multifactor Large Cap ETF in the 3rd quarter worth approximately $203,000. Finally, Puff Wealth Management LLC bought a new position in shares of John Hancock Multifactor Large Cap ETF during the 4th quarter valued at approximately $206,000.

John Hancock Multifactor Large Cap ETF Company Profile

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.