John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Large Volume Increase – Time to Buy?

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) saw an uptick in trading volume on Friday . 124,987 shares were traded during mid-day trading, an increase of 163% from the previous session’s volume of 47,557 shares.The stock last traded at $81.9550 and had previously closed at $81.95.

John Hancock Multifactor Large Cap ETF Price Performance

The company 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 $80.03 and a 200-day moving average price of $77.76.

Institutional Investors Weigh In On John Hancock Multifactor Large Cap ETF

A number of hedge funds have recently made changes to their positions in the business. Envestnet Portfolio Solutions Inc. bought a new stake in shares of John Hancock Multifactor Large Cap ETF in the 2nd quarter worth approximately $407,000. Assetmark Inc. bought a new position in John Hancock Multifactor Large Cap ETF during the second quarter valued at $47,000. Park Avenue Securities LLC purchased a new stake in John Hancock Multifactor Large Cap ETF in the second quarter worth $336,000. PMG Wealth Management Inc. purchased a new stake in John Hancock Multifactor Large Cap ETF in the second quarter worth $2,768,000. Finally, ORG Partners LLC bought a new stake in shares of John Hancock Multifactor Large Cap ETF in the second quarter valued at $537,000.

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.