Thrivent Financial for Lutherans Invests $12.15 Million in John Hancock Multifactor Developed International ETF $JHMD

Thrivent Financial for Lutherans bought a new stake in John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 317,376 shares of the company’s stock, valued at approximately $12,146,000. Thrivent Financial for Lutherans owned about 1.70% of John Hancock Multifactor Developed International ETF at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in JHMD. Ameriflex Group Inc. increased its stake in shares of John Hancock Multifactor Developed International ETF by 209.1% during the 2nd quarter. Ameriflex Group Inc. now owns 3,375 shares of the company’s stock valued at $128,000 after acquiring an additional 2,283 shares during the last quarter. CLG LLC purchased a new stake in John Hancock Multifactor Developed International ETF in the second quarter valued at approximately $203,000. Triton Financial Group Inc purchased a new stake in John Hancock Multifactor Developed International ETF in the second quarter valued at approximately $208,000. Envestnet Portfolio Solutions Inc. acquired a new position in John Hancock Multifactor Developed International ETF during the second quarter worth approximately $213,000. Finally, Balboa Wealth Partners purchased a new position in John Hancock Multifactor Developed International ETF during the second quarter worth approximately $245,000.

John Hancock Multifactor Developed International ETF Stock Down 0.6%

Shares of JHMD opened at $41.33 on Thursday. John Hancock Multifactor Developed International ETF has a fifty-two week low of $30.98 and a fifty-two week high of $41.86. The company’s fifty day moving average is $40.53 and its two-hundred day moving average is $39.50. The firm has a market cap of $839.00 million, a PE ratio of 14.46 and a beta of 0.81.

About John Hancock Multifactor Developed International ETF

The John Hancock Multifactor Developed International ETF (JHMD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from developed markets ex-US and Canada, covering 85% of the market capitalization. Holdings are weighted based on fundamental and technical factors JHMD was launched on Dec 15, 2016 and is managed by John Hancock.