John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Shares Gap Down to $26.30

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $26.30, but opened at $25.39. John Hancock Multifactor Emerging Markets ETF shares last traded at $25.45, with a volume of 542 shares changing hands.

John Hancock Multifactor Emerging Markets ETF Stock Up 0.6 %

The stock has a market capitalization of $652.81 million, a P/E ratio of 11.25 and a beta of 0.87. The business has a fifty day moving average price of $26.85 and a 200-day moving average price of $26.17.

John Hancock Multifactor Emerging Markets ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 28th. Shareholders of record on Wednesday, June 26th were issued a $0.375 dividend. This is an increase from John Hancock Multifactor Emerging Markets ETF’s previous dividend of $0.34. The ex-dividend date of this dividend was Wednesday, June 26th.

Institutional Trading of John Hancock Multifactor Emerging Markets ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of JHEM. Private Advisor Group LLC grew its position in shares of John Hancock Multifactor Emerging Markets ETF by 22.2% during the second quarter. Private Advisor Group LLC now owns 26,074 shares of the company’s stock worth $697,000 after purchasing an additional 4,736 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in John Hancock Multifactor Emerging Markets ETF by 1.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 41,670 shares of the company’s stock valued at $1,114,000 after buying an additional 733 shares in the last quarter. Evensky & Katz LLC grew its holdings in John Hancock Multifactor Emerging Markets ETF by 1.4% during the 2nd quarter. Evensky & Katz LLC now owns 31,769 shares of the company’s stock valued at $849,000 after buying an additional 438 shares in the last quarter. Pallas Capital Advisors LLC grew its holdings in John Hancock Multifactor Emerging Markets ETF by 6.0% during the 2nd quarter. Pallas Capital Advisors LLC now owns 343,669 shares of the company’s stock valued at $9,309,000 after buying an additional 19,391 shares in the last quarter. Finally, OLD Mission Capital LLC grew its holdings in John Hancock Multifactor Emerging Markets ETF by 35.0% during the 1st quarter. OLD Mission Capital LLC now owns 126,672 shares of the company’s stock valued at $3,284,000 after buying an additional 32,848 shares in the last quarter.

About John Hancock Multifactor Emerging Markets ETF

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.