John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Hits New 1-Year High – What’s Next?

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $82.39 and last traded at $81.9210, with a volume of 9040 shares traded. The stock had previously closed at $82.21.

John Hancock Multifactor Large Cap ETF Stock Down 0.9%

The stock has a market capitalization of $1.07 billion, a P/E ratio of 23.08 and a beta of 0.99. The firm has a fifty day moving average price of $80.85 and a two-hundred day moving average price of $78.47.

Institutional Trading of John Hancock Multifactor Large Cap ETF

Institutional investors have recently made changes to their positions in the stock. Envestnet Portfolio Solutions Inc. purchased a new position in shares of John Hancock Multifactor Large Cap ETF during the second quarter valued at approximately $407,000. Schneider Downs Wealth Management Advisors LP raised its stake in John Hancock Multifactor Large Cap ETF by 4.8% during the 2nd quarter. Schneider Downs Wealth Management Advisors LP now owns 64,982 shares of the company’s stock valued at $4,767,000 after buying an additional 2,970 shares during the last quarter. Assetmark Inc. bought a new position in shares of John Hancock Multifactor Large Cap ETF during the 2nd quarter valued at $47,000. Gilbert & Cook Inc. bought a new position in shares of John Hancock Multifactor Large Cap ETF during the 2nd quarter valued at $207,000. Finally, AE Wealth Management LLC bought a new stake in shares of John Hancock Multifactor Large Cap ETF in the second quarter worth $25,000.

John Hancock Multifactor Large Cap ETF Company Profile

The John Hancock Multifactor Large Cap ETF (JHML) is an exchange-traded fund that is based on the John Hancock Dimensional Large Cap index. The fund tracks an index of largest 800 US firms, weighted by multiple factors relative to their sector peers. JHML was launched on Sep 28, 2015 and is managed by John Hancock.