NewEdge Wealth LLC Makes New Investment in John Hancock Multifactor Emerging Markets ETF $JHEM

NewEdge Wealth LLC acquired a new position in shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 70,403 shares of the company’s stock, valued at approximately $2,412,000. NewEdge Wealth LLC owned 0.28% of John Hancock Multifactor Emerging Markets ETF as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Jane Street Group LLC increased its stake 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 valued at $8,076,000 after acquiring an additional 246,336 shares in the last quarter. Bank of America Corp DE boosted its stake in John Hancock Multifactor Emerging Markets ETF by 18.6% during the second 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 in the last quarter. Ameriprise Financial Inc. bought a new position in John Hancock Multifactor Emerging Markets ETF during the third quarter worth $228,000. Northwestern Mutual Wealth Management Co. boosted its stake in John Hancock Multifactor Emerging Markets ETF by 2.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 23,179 shares of the company’s stock worth $734,000 after acquiring an additional 604 shares in the last quarter. Finally, Susquehanna International Group LLP grew its holdings in John Hancock Multifactor Emerging Markets ETF by 162.1% in the third 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 Trading Down 1.5%

JHEM opened at $37.85 on Friday. John Hancock Multifactor Emerging Markets ETF has a 1-year low of $28.97 and a 1-year high of $42.16. The company has a market cap of $976.53 million, a P/E ratio of 13.85 and a beta of 0.69. The company has a fifty day moving average price of $39.70 and a two-hundred day moving average price of $37.26.

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.