John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sets New 12-Month High – Here’s Why

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $73.39 and last traded at $73.37, with a volume of 6461 shares trading hands. The stock had previously closed at $73.18.

John Hancock Multifactor Large Cap ETF Stock Performance

The firm has a market capitalization of $995.11 million, a PE ratio of 22.60 and a beta of 0.96. The company’s fifty day moving average price is $70.68 and its two-hundred day moving average price is $67.56.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of JHML. Assetmark Inc. acquired a new stake in John Hancock Multifactor Large Cap ETF during the 3rd quarter worth approximately $48,000. Coastline Trust Co acquired a new stake in John Hancock Multifactor Large Cap ETF during the 3rd quarter worth approximately $153,000. FMR LLC grew its position in John Hancock Multifactor Large Cap ETF by 8.6% in the third quarter. FMR LLC now owns 2,243 shares of the company’s stock valued at $156,000 after acquiring an additional 178 shares in the last quarter. First Horizon Advisors Inc. acquired a new stake in John Hancock Multifactor Large Cap ETF in the third quarter valued at approximately $203,000. Finally, Quantinno Capital Management LP acquired a new stake in John Hancock Multifactor Large Cap ETF in the third quarter valued at approximately $352,000.

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.