John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Shares Sold by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI cut its position in shares of John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) by 7.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 11,603 shares of the company’s stock after selling 892 shares during the period. Parsons Capital Management Inc. RI’s holdings in John Hancock Multifactor Developed International ETF were worth $401,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of JHMD. Commonwealth Equity Services LLC boosted its position in shares of John Hancock Multifactor Developed International ETF by 2.4% in the third quarter. Commonwealth Equity Services LLC now owns 47,911 shares of the company’s stock worth $1,433,000 after buying an additional 1,130 shares during the period. Raymond James & Associates purchased a new stake in shares of John Hancock Multifactor Developed International ETF in the third quarter worth about $838,000. Raymond James Financial Services Advisors Inc. boosted its position in shares of John Hancock Multifactor Developed International ETF by 16.8% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 574,892 shares of the company’s stock worth $17,195,000 after buying an additional 82,502 shares during the period. Private Advisor Group LLC boosted its position in shares of John Hancock Multifactor Developed International ETF by 21.4% in the third quarter. Private Advisor Group LLC now owns 17,049 shares of the company’s stock worth $510,000 after buying an additional 3,007 shares during the period. Finally, Merit Financial Group LLC boosted its position in shares of John Hancock Multifactor Developed International ETF by 6.7% in the third quarter. Merit Financial Group LLC now owns 411,768 shares of the company’s stock worth $12,316,000 after buying an additional 25,772 shares during the period.

John Hancock Multifactor Developed International ETF Price Performance

JHMD traded up $0.24 on Friday, reaching $33.60. The company’s stock had a trading volume of 25,603 shares, compared to its average volume of 78,684. The stock has a market cap of $705.60 million, a price-to-earnings ratio of 13.38 and a beta of 0.78. John Hancock Multifactor Developed International ETF has a 1 year low of $28.49 and a 1 year high of $34.67. The business’s 50 day moving average is $33.74 and its 200 day moving average is $32.19.

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.