John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sets New 12-Month High – Here’s What Happened

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMDGet Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $44.56 and last traded at $44.44, with a volume of 15585 shares traded. The stock had previously closed at $43.97.

John Hancock Multifactor Developed International ETF Stock Up 2.0%

The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 14.46 and a beta of 0.81. The firm’s 50 day moving average is $42.32 and its 200 day moving average is $40.66.

Hedge Funds Weigh In On John Hancock Multifactor Developed International ETF

A number of hedge funds have recently modified their holdings of JHMD. Allworth Financial LP purchased a new stake in shares of John Hancock Multifactor Developed International ETF during the third quarter valued at $39,000. Assetmark Inc. raised its holdings in John Hancock Multifactor Developed International ETF by 866.7% during the 4th quarter. Assetmark Inc. now owns 1,160 shares of the company’s stock worth $48,000 after buying an additional 1,040 shares during the period. Comerica Bank lifted its stake in John Hancock Multifactor Developed International ETF by 15.1% during the fourth quarter. Comerica Bank now owns 3,137 shares of the company’s stock valued at $130,000 after buying an additional 411 shares in the last quarter. AE Wealth Management LLC purchased a new stake in John Hancock Multifactor Developed International ETF during the third quarter valued at about $135,000. Finally, CLG LLC acquired a new position in shares of John Hancock Multifactor Developed International ETF in the second quarter worth about $203,000.

John Hancock Multifactor Developed International ETF Company Profile

(Get Free Report)

The John Hancock Multifactor Developed International ETF (JHMD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from developed markets ex-US and Canada, covering 85% of the market capitalization. Holdings are weighted based on fundamental and technical factors JHMD was launched on Dec 15, 2016 and is managed by John Hancock.

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