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

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) shares saw unusually-high trading volume on Wednesday . Approximately 53,776 shares traded hands during 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 firm has a market cap of $887.12 million, a P/E ratio of 22.60 and a beta of 0.96. The stock’s 50 day moving average is $64.25 and its two-hundred day moving average is $62.29.

John Hancock Multifactor Large Cap ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Stockholders of record on Wednesday, June 26th were paid a $0.3366 dividend. The ex-dividend date of this dividend was Wednesday, June 26th.

Hedge Funds Weigh In On John Hancock Multifactor Large Cap ETF

Several hedge funds and other institutional investors have recently modified their holdings of JHML. Tower Research Capital LLC TRC lifted its holdings in shares of John Hancock Multifactor Large Cap ETF by 1,000.6% during the third quarter. Tower Research Capital LLC TRC now owns 8,629 shares of the company’s stock valued at $458,000 after acquiring an additional 7,845 shares during the period. Cooper Financial Group lifted its holdings in John Hancock Multifactor Large Cap ETF by 3.6% during the 4th quarter. Cooper Financial Group now owns 109,008 shares of the company’s stock valued at $6,411,000 after purchasing an additional 3,745 shares during the last quarter. Raymond James & Associates boosted its position in John Hancock Multifactor Large Cap ETF by 15.9% in the fourth quarter. Raymond James & Associates now owns 11,290 shares of the company’s stock valued at $664,000 after buying an additional 1,550 shares in the last quarter. Hill Island Financial LLC grew its stake in John Hancock Multifactor Large Cap ETF by 2.5% during the fourth quarter. Hill Island Financial LLC now owns 369,369 shares of the company’s stock worth $21,723,000 after buying an additional 8,954 shares during the last quarter. Finally, Mayflower Financial Advisors LLC acquired a new stake in shares of John Hancock Multifactor Large Cap ETF during the fourth quarter worth approximately $201,000.

About John Hancock Multifactor Large Cap ETF

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.