John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Reaches New 12-Month High – Time to Buy?

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $81.43 and last traded at $81.4540, with a volume of 13319 shares. The stock had previously closed at $80.89.

John Hancock Multifactor Large Cap ETF Price Performance

The company has a market capitalization of $1.06 billion, a P/E ratio of 23.08 and a beta of 0.99. The firm has a fifty day moving average price of $79.63 and a 200-day moving average price of $77.30.

Institutional Investors Weigh In On John Hancock Multifactor Large Cap ETF

Several large investors have recently made changes to their positions in the business. AE Wealth Management LLC bought a new stake in shares of John Hancock Multifactor Large Cap ETF during the 2nd quarter worth $25,000. Advisory Services Network LLC purchased a new stake in John Hancock Multifactor Large Cap ETF during the third quarter worth about $26,000. Assetmark Inc. bought a new stake in John Hancock Multifactor Large Cap ETF in the second quarter worth about $47,000. Farther Finance Advisors LLC raised its position in John Hancock Multifactor Large Cap ETF by 340.2% in the third quarter. Farther Finance Advisors LLC now owns 788 shares of the company’s stock worth $62,000 after acquiring an additional 609 shares during the period. Finally, Smartleaf Asset Management LLC purchased a new position in John Hancock Multifactor Large Cap ETF in the second quarter valued at about $75,000.

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.