The Manufacturers Life Insurance Company Raises Stock Holdings in John Hancock Multifactor Emerging Markets ETF $JHEM

The Manufacturers Life Insurance Company raised its stake in John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 18.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 19,040,181 shares of the company’s stock after purchasing an additional 2,947,062 shares during the quarter. The Manufacturers Life Insurance Company owned about 0.75% of John Hancock Multifactor Emerging Markets ETF worth $652,279,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of JHEM. LPL Financial LLC increased its position in shares of John Hancock Multifactor Emerging Markets ETF by 2,155.4% during the fourth quarter. LPL Financial LLC now owns 527,802 shares of the company’s stock valued at $17,365,000 after acquiring an additional 504,400 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 435.3% in the 1st quarter. Jane Street Group LLC now owns 302,931 shares of the company’s stock worth $8,076,000 after acquiring an additional 246,336 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 18.6% in the 2nd quarter. Bank of America Corp DE now owns 221,287 shares of the company’s stock worth $6,459,000 after acquiring an additional 34,629 shares during the last quarter. Simplicity Wealth LLC boosted its position in shares of John Hancock Multifactor Emerging Markets ETF by 27.9% during the 1st quarter. Simplicity Wealth LLC now owns 158,586 shares of the company’s stock worth $5,433,000 after purchasing an additional 34,585 shares during the period. Finally, Susquehanna International Group LLP boosted 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 period.

John Hancock Multifactor Emerging Markets ETF Stock Performance

John Hancock Multifactor Emerging Markets ETF stock opened at $38.12 on Tuesday. John Hancock Multifactor Emerging Markets ETF has a fifty-two week low of $28.97 and a fifty-two week high of $42.16. The firm has a 50 day moving average price of $39.69 and a 200 day moving average price of $37.31. The company has a market capitalization of $983.50 million, a PE ratio of 13.85 and a beta of 0.69.

John Hancock Multifactor Emerging Markets ETF 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.