John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Reaches New 1-Year High – Here’s Why

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $82.33 and last traded at $82.19, with a volume of 72067 shares traded. The stock had previously closed at $82.11.

John Hancock Multifactor Large Cap ETF Trading Up 0.0%

The business has a fifty day simple moving average of $80.48 and a two-hundred day simple moving average of $78.24. The company has a market cap of $1.08 billion, a PE ratio of 23.08 and a beta of 0.99.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. AE Wealth Management LLC purchased a new stake in shares of John Hancock Multifactor Large Cap ETF in the second quarter valued at approximately $25,000. Advisory Services Network LLC purchased a new stake in John Hancock Multifactor Large Cap ETF in the 3rd quarter valued at $26,000. Flagship Harbor Advisors LLC acquired a new stake in shares of John Hancock Multifactor Large Cap ETF in the 4th quarter worth $27,000. Assetmark Inc. purchased a new position in shares of John Hancock Multifactor Large Cap ETF during the 2nd quarter worth $47,000. Finally, Trust Co. of Vermont acquired a new position in shares of John Hancock Multifactor Large Cap ETF during the 4th quarter valued at about $62,000.

About John Hancock Multifactor Large Cap ETF

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.