John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Short Interest Down 54.3% in March

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) was the recipient of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 27,899 shares, a decline of 54.3% from the February 26th total of 61,014 shares. Based on an average daily volume of 68,693 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of John Hancock Multifactor Emerging Markets ETF

Several large investors have recently modified their holdings of the company. LPL Financial LLC grew its position in shares of John Hancock Multifactor Emerging Markets ETF by 2,155.4% in the fourth quarter. LPL Financial LLC now owns 527,802 shares of the company’s stock valued at $17,365,000 after purchasing an additional 504,400 shares during the last quarter. Jane Street Group LLC increased its stake in shares of John Hancock Multifactor Emerging Markets ETF by 435.3% in the first quarter. Jane Street Group LLC now owns 302,931 shares of the company’s stock worth $8,076,000 after purchasing an additional 246,336 shares during the period. Susquehanna International Group LLP lifted its position in shares of John Hancock Multifactor Emerging Markets ETF by 162.1% during the 3rd quarter. Susquehanna International Group LLP now owns 105,844 shares of the company’s stock worth $3,350,000 after purchasing an additional 65,458 shares during the last quarter. Focus Partners Wealth acquired a new position in shares of John Hancock Multifactor Emerging Markets ETF during the 4th quarter worth about $1,709,000. Finally, Brueske Advisory Services LLC boosted its stake in John Hancock Multifactor Emerging Markets ETF by 8.0% during the 3rd quarter. Brueske Advisory Services LLC now owns 532,856 shares of the company’s stock valued at $16,868,000 after purchasing an additional 39,298 shares during the period.

John Hancock Multifactor Emerging Markets ETF Trading Down 0.5%

John Hancock Multifactor Emerging Markets ETF stock traded down $0.18 during trading hours on Friday, reaching $33.42. 16,924 shares of the company were exchanged, compared to its average volume of 113,856. John Hancock Multifactor Emerging Markets ETF has a 12 month low of $23.47 and a 12 month high of $37.85. The stock has a 50-day moving average of $35.48 and a 200 day moving average of $33.55. The firm has a market cap of $655.03 million, a price-to-earnings ratio of 13.85 and a beta of 0.65.

John Hancock Multifactor Emerging Markets ETF Company Profile

The John Hancock Multifactor Emerging Markets ETF (JHEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor weighted index of large- and mid-cap stocks from emerging markets. JHEM was launched on Sep 27, 2018 and is managed by John Hancock.