John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sees Large Volume Increase

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) shares saw unusually-high trading volume on Friday . Approximately 53,047 shares traded hands during mid-day trading, an increase of 125% from the previous session’s volume of 23,570 shares.The stock last traded at $25.16 and had previously closed at $25.21.

John Hancock Multifactor Emerging Markets ETF Trading Down 0.2 %

The firm’s 50 day simple moving average is $25.66 and its 200-day simple moving average is $24.80. The stock has a market capitalization of $664.22 million, a price-to-earnings ratio of 11.09 and a beta of 0.85.

Institutional Investors Weigh In On John Hancock Multifactor Emerging Markets ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. increased its stake in John Hancock Multifactor Emerging Markets ETF by 50.9% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 17,756 shares of the company’s stock valued at $452,000 after buying an additional 5,993 shares during the last quarter. OLD Mission Capital LLC grew its position in shares of John Hancock Multifactor Emerging Markets ETF by 34.8% in the 4th quarter. OLD Mission Capital LLC now owns 93,824 shares of the company’s stock valued at $2,386,000 after acquiring an additional 24,223 shares during the period. Citadel Advisors LLC grew its position in shares of John Hancock Multifactor Emerging Markets ETF by 39.6% in the 4th quarter. Citadel Advisors LLC now owns 56,615 shares of the company’s stock valued at $1,440,000 after acquiring an additional 16,061 shares during the period. Waterloo Capital L.P. bought a new position in shares of John Hancock Multifactor Emerging Markets ETF in the 4th quarter valued at about $1,417,000. Finally, Envestnet Asset Management Inc. grew its position in shares of John Hancock Multifactor Emerging Markets ETF by 3.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 68,906 shares of the company’s stock valued at $1,752,000 after acquiring an additional 2,496 shares during the period.

John Hancock Multifactor Emerging Markets ETF Company Profile

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.