John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Hits New 12-Month High – Here’s What Happened

Shares of John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) reached a new 52-week high during trading on Thursday . The stock traded as high as $92.22 and last traded at $92.22, with a volume of 551 shares trading hands. The stock had previously closed at $91.91.

John Hancock Multifactor Large Cap ETF Price Performance

The firm has a market capitalization of $1.21 billion, a P/E ratio of 23.08 and a beta of 0.97. The business’s 50-day moving average is $89.08 and its 200 day moving average is $85.04.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in JHML. HighTower Advisors LLC raised its position in John Hancock Multifactor Large Cap ETF by 0.4% during the 4th quarter. HighTower Advisors LLC now owns 44,936 shares of the company’s stock worth $3,588,000 after purchasing an additional 183 shares during the last quarter. Arkadios Wealth Advisors grew its position in shares of John Hancock Multifactor Large Cap ETF by 2.4% in the 1st quarter. Arkadios Wealth Advisors now owns 10,465 shares of the company’s stock valued at $819,000 after buying an additional 243 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of John Hancock Multifactor Large Cap ETF in the 3rd quarter valued at about $26,000. Flagship Harbor Advisors LLC acquired a new stake in shares of John Hancock Multifactor Large Cap ETF in the fourth quarter valued at about $27,000. Finally, Private Advisor Group LLC increased its stake in shares of John Hancock Multifactor Large Cap ETF by 1.0% in the fourth quarter. Private Advisor Group LLC now owns 35,503 shares of the company’s stock valued at $2,835,000 after buying an additional 352 shares during the period.

John Hancock Multifactor Large Cap ETF Company Profile

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.