John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sees Unusually-High Trading Volume – What’s Next?

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) saw an uptick in trading volume on Thursday . 302,844 shares changed hands during mid-day trading, an increase of 240% from the previous session’s volume of 89,078 shares.The stock last traded at $34.76 and had previously closed at $35.58.

John Hancock Multifactor Emerging Markets ETF Trading Down 2.1%

The firm has a market cap of $682.67 million, a P/E ratio of 13.85 and a beta of 0.65. The stock has a 50 day simple moving average of $35.17 and a 200-day simple moving average of $33.04.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. LPL Financial LLC grew its holdings in John Hancock Multifactor Emerging Markets ETF by 2,155.4% during the 4th quarter. LPL Financial LLC now owns 527,802 shares of the company’s stock valued at $17,365,000 after purchasing an additional 504,400 shares during the last quarter. Jane Street Group LLC raised its stake in John Hancock Multifactor Emerging Markets ETF by 435.3% in the first quarter. Jane Street Group LLC now owns 302,931 shares of the company’s stock worth $8,076,000 after buying an additional 246,336 shares in the last quarter. Susquehanna International Group LLP lifted its stake in shares of John Hancock Multifactor Emerging Markets ETF by 162.1% during the 3rd quarter. Susquehanna International Group LLP now owns 105,844 shares of the company’s stock worth $3,350,000 after purchasing an additional 65,458 shares during the last quarter. Focus Partners Wealth bought a new stake in shares of John Hancock Multifactor Emerging Markets ETF in the 4th quarter valued at about $1,709,000. Finally, Brueske Advisory Services LLC increased its position in shares of John Hancock Multifactor Emerging Markets ETF by 8.0% during the third quarter. Brueske Advisory Services LLC now owns 532,856 shares of the company’s stock worth $16,868,000 after purchasing an additional 39,298 shares in the last quarter.

About John Hancock Multifactor Emerging Markets ETF

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.