John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sees Large Volume Increase – Still a Buy?

Shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) saw unusually-strong trading volume on Friday . Approximately 129,494 shares changed hands during mid-day trading, a decline of 0% from the previous session’s volume of 129,687 shares.The stock last traded at $25.83 and had previously closed at $25.60.

John Hancock Multifactor Emerging Markets ETF Stock Up 0.9 %

The firm has a fifty day simple moving average of $26.47 and a 200-day simple moving average of $27.08. The company has a market capitalization of $655.83 million, a P/E ratio of 11.25 and a beta of 0.87.

Institutional Investors Weigh In On John Hancock Multifactor Emerging Markets ETF

Large investors have recently modified their holdings of the business. TNF LLC increased its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 5.3% in the third quarter. TNF LLC now owns 9,436 shares of the company’s stock worth $263,000 after acquiring an additional 471 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in shares of John Hancock Multifactor Emerging Markets ETF in the third quarter worth about $726,000. Jane Street Group LLC increased its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 240.9% in the third quarter. Jane Street Group LLC now owns 126,217 shares of the company’s stock worth $3,610,000 after acquiring an additional 89,194 shares in the last quarter. Captrust Financial Advisors boosted its position in shares of John Hancock Multifactor Emerging Markets ETF by 10.2% during the third quarter. Captrust Financial Advisors now owns 344,968 shares of the company’s stock worth $9,866,000 after buying an additional 31,989 shares during the period. Finally, Pallas Capital Advisors LLC boosted its position in shares of John Hancock Multifactor Emerging Markets ETF by 4.9% during the third quarter. Pallas Capital Advisors LLC now owns 360,574 shares of the company’s stock worth $10,053,000 after buying an additional 16,905 shares during the period.

John Hancock Multifactor Emerging Markets ETF Company Profile

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.