John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sees Unusually-High Trading Volume – Still a Buy?

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEMGet Free Report) saw an uptick in trading volume on Friday . 97,865 shares traded hands during mid-day trading, a decline of 10% from the previous session’s volume of 109,330 shares.The stock last traded at $35.46 and had previously closed at $35.84.

John Hancock Multifactor Emerging Markets ETF Stock Down 1.7%

The firm’s fifty day simple moving average is $33.38 and its two-hundred day simple moving average is $31.92. The firm has a market cap of $692.16 million, a PE ratio of 13.85 and a beta of 0.65.

Hedge Funds Weigh In On John Hancock Multifactor Emerging Markets ETF

Several large investors have recently made changes to their positions in JHEM. Assetmark Inc. purchased a new position in shares of John Hancock Multifactor Emerging Markets ETF in the second quarter worth $26,000. AE Wealth Management LLC purchased a new stake in John Hancock Multifactor Emerging Markets ETF in the 3rd quarter worth $51,000. Stratos Wealth Partners LTD. purchased a new stake in John Hancock Multifactor Emerging Markets ETF in the 4th quarter worth $201,000. Ameriprise Financial Inc. bought a new position in shares of John Hancock Multifactor Emerging Markets ETF during the 3rd quarter valued at about $228,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of John Hancock Multifactor Emerging Markets ETF by 20.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 22,575 shares of the company’s stock valued at $659,000 after purchasing an additional 3,815 shares in the last quarter.

John Hancock Multifactor Emerging Markets ETF Company Profile

(Get Free Report)

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.

Further Reading

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