John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sets New 52-Week High – Here’s Why

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) reached a new 52-week high during trading on Thursday . The stock traded as high as $88.58 and last traded at $88.36, with a volume of 16094 shares traded. The stock had previously closed at $88.42.

John Hancock Multifactor Large Cap ETF Stock Performance

The firm’s 50 day moving average is $83.12 and its 200 day moving average is $81.58. The stock has a market cap of $1.15 billion, a P/E ratio of 23.08 and a beta of 0.97.

Institutional Trading of John Hancock Multifactor Large Cap ETF

Several hedge funds and other institutional investors have recently made changes to their positions in JHML. Advisory Services Network LLC purchased a new stake in shares of John Hancock Multifactor Large Cap ETF during the 3rd quarter valued at $26,000. Flagship Harbor Advisors LLC purchased a new position in shares of John Hancock Multifactor Large Cap ETF in the 4th quarter valued at approximately $27,000. REAP Financial Group LLC purchased a new position in shares of John Hancock Multifactor Large Cap ETF in the 4th quarter valued at approximately $36,000. Pittenger & Anderson Inc. purchased a new stake in John Hancock Multifactor Large Cap ETF during the 1st quarter worth approximately $45,000. Finally, Trust Co. of Vermont purchased a new stake in John Hancock Multifactor Large Cap ETF during the 4th quarter worth approximately $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.