Envestnet Asset Management Inc. Trims Holdings in John Hancock Multifactor Large Cap ETF $JHML

Envestnet Asset Management Inc. reduced its position in shares of John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) by 16.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 510,798 shares of the company’s stock after selling 103,565 shares during the quarter. Envestnet Asset Management Inc.’s holdings in John Hancock Multifactor Large Cap ETF were worth $40,031,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of JHML. Chilton Capital Management LLC lifted its stake in shares of John Hancock Multifactor Large Cap ETF by 1.5% during the third quarter. Chilton Capital Management LLC now owns 11,485 shares of the company’s stock valued at $900,000 after buying an additional 171 shares during the period. ORG Partners LLC lifted its stake in shares of John Hancock Multifactor Large Cap ETF by 2.6% during the 3rd quarter. ORG Partners LLC now owns 7,493 shares of the company’s stock worth $587,000 after purchasing an additional 188 shares during the period. AE Wealth Management LLC acquired a new stake in shares of John Hancock Multifactor Large Cap ETF during the second quarter worth $25,000. Farther Finance Advisors LLC boosted its holdings in shares of John Hancock Multifactor Large Cap ETF by 340.2% during the third quarter. Farther Finance Advisors LLC now owns 788 shares of the company’s stock worth $62,000 after purchasing an additional 609 shares during the last quarter. Finally, Assetmark Inc. purchased a new stake in shares of John Hancock Multifactor Large Cap ETF in the second quarter valued at $47,000.

John Hancock Multifactor Large Cap ETF Trading Down 0.2%

John Hancock Multifactor Large Cap ETF stock opened at $82.60 on Wednesday. The stock has a fifty day moving average price of $81.13 and a 200 day moving average price of $78.77. John Hancock Multifactor Large Cap ETF has a 52 week low of $58.38 and a 52 week high of $82.97. The firm has a market capitalization of $1.08 billion, a P/E ratio of 23.08 and a beta of 0.99.

John Hancock Multifactor Large Cap ETF 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.