John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) saw an uptick in trading volume on Monday . 425,940 shares traded hands during trading, an increase of 143% from the previous session’s volume of 174,936 shares.The stock last traded at $44.8860 and had previously closed at $44.49.

John Hancock Multifactor Developed International ETF Stock Up 0.8%

The firm has a market cap of $1.18 billion, a P/E ratio of 14.46 and a beta of 0.81. The firm’s 50-day moving average price is $42.59 and its 200 day moving average price is $40.81.

Institutional Investors Weigh In On John Hancock Multifactor Developed International ETF

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC boosted its holdings in shares of John Hancock Multifactor Developed International ETF by 49.2% in the first quarter. Jane Street Group LLC now owns 144,236 shares of the company’s stock valued at $5,041,000 after acquiring an additional 47,538 shares in the last quarter. CWM LLC boosted its stake in John Hancock Multifactor Developed International ETF by 2.5% during the second quarter. CWM LLC now owns 11,662 shares of the company’s stock valued at $446,000 after buying an additional 289 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in John Hancock Multifactor Developed International ETF during the second quarter valued at about $213,000. Balboa Wealth Partners acquired a new position in John Hancock Multifactor Developed International ETF during the second quarter worth about $245,000. Finally, Triton Financial Group Inc acquired a new position in John Hancock Multifactor Developed International ETF during the second quarter worth about $208,000.

John Hancock Multifactor Developed International ETF Company Profile

The John Hancock Multifactor Developed International ETF (JHMD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from developed markets ex-US and Canada, covering 85% of the market capitalization. Holdings are weighted based on fundamental and technical factors JHMD was launched on Dec 15, 2016 and is managed by John Hancock.