John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Large Volume Increase

Posted by Hayley Millar on Jul 3rd, 2024

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 53,776 shares were traded during mid-day trading, an increase of 68% from the previous session’s volume of 31,957 shares.The stock last traded at $65.41 and had previously closed at $65.29.

John Hancock Multifactor Large Cap ETF Price Performance

The company has a market cap of $887.12 million, a price-to-earnings ratio of 22.60 and a beta of 0.96. The company’s 50-day simple moving average is $64.25 and its 200-day simple moving average is $62.29.

John Hancock Multifactor Large Cap ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, June 28th. Investors of record on Wednesday, June 26th were paid a dividend of $0.3366 per share. The ex-dividend date of this dividend was Wednesday, June 26th.

Hedge Funds Weigh In On John Hancock Multifactor Large Cap ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sunbelt Securities Inc. purchased a new position in John Hancock Multifactor Large Cap ETF in the first quarter valued at about $47,000. CWM LLC bought a new position in John Hancock Multifactor Large Cap ETF during the 4th quarter valued at $68,000. Tidemark LLC acquired a new position in John Hancock Multifactor Large Cap ETF during the 4th quarter worth $78,000. Mayflower Financial Advisors LLC acquired a new position in John Hancock Multifactor Large Cap ETF in the fourth quarter worth about $201,000. Finally, Octavia Wealth Advisors LLC bought a new stake in John Hancock Multifactor Large Cap ETF in the fourth quarter valued at about $239,000.

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.