Pallas Capital Advisors LLC Boosts Stock Position in John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM)

Pallas Capital Advisors LLC increased its stake in John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 4.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 360,574 shares of the company’s stock after purchasing an additional 16,905 shares during the quarter. Pallas Capital Advisors LLC’s holdings in John Hancock Multifactor Emerging Markets ETF were worth $10,053,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in John Hancock Multifactor Emerging Markets ETF by 10.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 385,015 shares of the company’s stock worth $10,291,000 after purchasing an additional 35,645 shares during the period. OLD Mission Capital LLC lifted its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 35.0% in the first quarter. OLD Mission Capital LLC now owns 126,672 shares of the company’s stock worth $3,284,000 after buying an additional 32,848 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of John Hancock Multifactor Emerging Markets ETF by 22.2% in the second quarter. Private Advisor Group LLC now owns 26,074 shares of the company’s stock valued at $697,000 after acquiring an additional 4,736 shares during the period. SigFig Wealth Management LLC grew its stake in 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 in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in John Hancock Multifactor Emerging Markets ETF by 1.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 41,670 shares of the company’s stock worth $1,114,000 after acquiring an additional 733 shares during the period.

John Hancock Multifactor Emerging Markets ETF Price Performance

Shares of NYSEARCA:JHEM opened at $27.94 on Tuesday. The company has a market cap of $709.68 million, a price-to-earnings ratio of 11.25 and a beta of 0.87. John Hancock Multifactor Emerging Markets ETF has a one year low of $22.80 and a one year high of $29.24. The firm has a fifty day moving average price of $27.76 and a two-hundred day moving average price of $27.06.

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.