John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Large Volume Increase – What’s Next?

Shares of John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) saw strong trading volume on Tuesday . 129,265 shares were traded during mid-day trading, an increase of 338% from the previous session’s volume of 29,519 shares.The stock last traded at $72.16 and had previously closed at $71.52.

John Hancock Multifactor Large Cap ETF Trading Up 1.0 %

The stock has a market cap of $979.12 million, a PE ratio of 22.60 and a beta of 0.96. The business’s 50-day moving average price is $71.46 and its 200-day moving average price is $69.06.

Institutional Investors Weigh In On John Hancock Multifactor Large Cap ETF

A number of large investors have recently modified their holdings of JHML. Assetmark Inc. purchased a new position in John Hancock Multifactor Large Cap ETF in the 3rd quarter worth $48,000. Coastline Trust Co purchased a new position in shares of John Hancock Multifactor Large Cap ETF in the third quarter worth about $153,000. FMR LLC lifted its holdings in shares of John Hancock Multifactor Large Cap ETF by 8.6% during the third quarter. FMR LLC now owns 2,243 shares of the company’s stock worth $156,000 after purchasing an additional 178 shares during the period. First Horizon Advisors Inc. purchased a new stake in John Hancock Multifactor Large Cap ETF in the third quarter valued at approximately $203,000. Finally, Quantinno Capital Management LP purchased a new stake in John Hancock Multifactor Large Cap ETF in the third quarter valued at approximately $352,000.

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.