John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Reaches New 12-Month High – Here’s Why

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $82.33 and last traded at $82.19, with a volume of 72067 shares trading hands. The stock had previously closed at $82.11.

John Hancock Multifactor Large Cap ETF Stock Performance

The stock has a market capitalization of $1.07 billion, a P/E ratio of 23.08 and a beta of 0.99. The stock has a 50-day simple moving average of $80.68 and a 200 day simple moving average of $78.29.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of JHML. AE Wealth Management LLC bought a new stake in John Hancock Multifactor Large Cap ETF during the second quarter valued at $25,000. Advisory Services Network LLC acquired a new position in shares of John Hancock Multifactor Large Cap ETF in the 3rd quarter valued at about $26,000. Flagship Harbor Advisors LLC bought a new stake in shares of John Hancock Multifactor Large Cap ETF during the 4th quarter valued at about $27,000. Assetmark Inc. bought a new stake in shares of John Hancock Multifactor Large Cap ETF during the 2nd quarter valued at about $47,000. Finally, Trust Co. of Vermont acquired a new stake in John Hancock Multifactor Large Cap ETF during the fourth quarter worth approximately $62,000.

About John Hancock Multifactor Large Cap ETF

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.