John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Reaches New 1-Year High – Here’s What Happened

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) reached a new 52-week high during trading on Tuesday . The stock traded as high as $46.04 and last traded at $46.03, with a volume of 20332 shares trading hands. The stock had previously closed at $45.67.

John Hancock Multifactor Developed International ETF Trading Up 1.1%

The stock has a market cap of $978.38 million, a P/E ratio of 14.46 and a beta of 0.74. The company’s 50 day moving average price is $44.83 and its two-hundred day moving average price is $44.21.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Assetmark Inc. boosted its stake in shares of John Hancock Multifactor Developed International ETF by 866.7% during the 4th quarter. Assetmark Inc. now owns 1,160 shares of the company’s stock worth $48,000 after acquiring an additional 1,040 shares during the last quarter. Comerica Bank increased its stake in shares of John Hancock Multifactor Developed International ETF by 15.1% in the 4th quarter. Comerica Bank now owns 3,137 shares of the company’s stock worth $130,000 after purchasing an additional 411 shares in the last quarter. Western Wealth Management LLC bought a new position in John Hancock Multifactor Developed International ETF in the 1st quarter worth $157,000. CLG LLC bought a new position in John Hancock Multifactor Developed International ETF in the 2nd quarter worth $203,000. Finally, Sun Financial Inc purchased a new position in John Hancock Multifactor Developed International ETF during the fourth quarter valued at $235,000.

John Hancock Multifactor Developed International ETF Company Profile

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.