John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sets New 52-Week High – Here’s Why

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD)’s share price reached a new 52-week high on Monday . The stock traded as high as $42.27 and last traded at $41.5660, with a volume of 28806 shares traded. The stock had previously closed at $42.20.

John Hancock Multifactor Developed International ETF Stock Performance

The company has a market capitalization of $841.94 million, a PE ratio of 14.46 and a beta of 0.81. The company’s 50-day moving average is $40.82 and its 200 day moving average is $39.69.

Institutional Trading of John Hancock Multifactor Developed International ETF

Institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC raised its stake in shares of John Hancock Multifactor Developed International ETF by 49.2% in the first quarter. Jane Street Group LLC now owns 144,236 shares of the company’s stock worth $5,041,000 after purchasing an additional 47,538 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in John Hancock Multifactor Developed International ETF by 449.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 96,092 shares of the company’s stock worth $3,684,000 after buying an additional 78,612 shares during the last quarter. Magnus Financial Group LLC raised its position in John Hancock Multifactor Developed International ETF by 1.1% in the 2nd quarter. Magnus Financial Group LLC now owns 320,286 shares of the company’s stock worth $12,257,000 after buying an additional 3,537 shares during the last quarter. ORG Partners LLC bought a new position in John Hancock Multifactor Developed International ETF during the 2nd quarter valued at about $293,000. Finally, Institute for Wealth Management LLC. boosted its holdings in shares of John Hancock Multifactor Developed International ETF by 1.6% during the 2nd quarter. Institute for Wealth Management LLC. now owns 22,668 shares of the company’s stock valued at $868,000 after acquiring an additional 365 shares during the last quarter.

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.