John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sees Strong Trading Volume – Should You Buy?

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) saw unusually-strong trading volume on Tuesday . Approximately 316,005 shares traded hands during mid-day trading, an increase of 97% from the previous session’s volume of 160,776 shares.The stock last traded at $43.83 and had previously closed at $43.66.

John Hancock Multifactor Developed International ETF Stock Down 0.3%

The company has a market capitalization of $1.13 billion, a PE ratio of 14.46 and a beta of 0.81. The firm’s 50-day moving average is $42.04 and its 200-day moving average is $40.53.

Institutional Trading of John Hancock Multifactor Developed International ETF

Large investors have recently modified their holdings of the business. CWM LLC boosted its holdings in John Hancock Multifactor Developed International ETF by 2.5% in the second quarter. CWM LLC now owns 11,662 shares of the company’s stock valued at $446,000 after acquiring an additional 289 shares in the last quarter. Comerica Bank grew its stake in shares of John Hancock Multifactor Developed International ETF by 15.1% in the 4th quarter. Comerica Bank now owns 3,137 shares of the company’s stock worth $130,000 after buying an additional 411 shares during the last quarter. Capital Advisors Ltd. LLC raised its position in shares of John Hancock Multifactor Developed International ETF by 3.2% in the 3rd quarter. Capital Advisors Ltd. LLC now owns 16,960 shares of the company’s stock worth $678,000 after purchasing an additional 525 shares during the last quarter. Balboa Wealth Partners boosted its stake in John Hancock Multifactor Developed International ETF by 12.1% during the 3rd quarter. Balboa Wealth Partners now owns 7,159 shares of the company’s stock valued at $286,000 after purchasing an additional 770 shares during the last quarter. Finally, Allworth Financial LP bought a new stake in shares of John Hancock Multifactor Developed International ETF in the third quarter worth approximately $39,000.

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.