John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sees Strong Trading Volume

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) shares saw an uptick in trading volume on Friday . 34,355 shares traded hands during mid-day trading, a decline of 54% from the previous session’s volume of 74,343 shares.The stock last traded at $34.46 and had previously closed at $34.22.

John Hancock Multifactor Developed International ETF Stock Up 1.1 %

The company has a market capitalization of $726.81 million, a price-to-earnings ratio of 13.74 and a beta of 0.80. The stock has a fifty day moving average price of $34.30 and a two-hundred day moving average price of $33.53.

John Hancock Multifactor Developed International ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 28th. Investors of record on Wednesday, June 26th were paid a $0.7311 dividend. This is a positive change from John Hancock Multifactor Developed International ETF’s previous dividend of $0.67. The ex-dividend date of this dividend was Wednesday, June 26th.

Institutional Investors Weigh In On John Hancock Multifactor Developed International ETF

A number of institutional investors have recently added to or reduced their stakes in JHMD. Citigroup Inc. purchased a new stake in shares of John Hancock Multifactor Developed International ETF in the third quarter worth about $79,000. Silver Oak Securities Incorporated purchased a new stake in shares of John Hancock Multifactor Developed International ETF in the fourth quarter worth about $107,000. Northwest Financial Advisors acquired a new position in shares of John Hancock Multifactor Developed International ETF in the fourth quarter worth about $283,000. Moloney Securities Asset Management LLC lifted its stake in shares of John Hancock Multifactor Developed International ETF by 8.1% in the first quarter. Moloney Securities Asset Management LLC now owns 9,100 shares of the company’s stock worth $314,000 after acquiring an additional 680 shares in the last quarter. Finally, TNF LLC lifted its stake in shares of John Hancock Multifactor Developed International ETF by 63.3% in the fourth quarter. TNF LLC now owns 11,741 shares of the company’s stock worth $383,000 after acquiring an additional 4,551 shares in the last quarter.

About John Hancock Multifactor Developed International ETF

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.