John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sees Strong Trading Volume – What’s Next?

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) saw strong trading volume on Friday . 131,825 shares traded hands during trading, an increase of 75% from the previous session’s volume of 75,453 shares.The stock last traded at $37.6630 and had previously closed at $37.48.

John Hancock Multifactor Emerging Markets ETF Stock Up 0.7%

The business’s fifty day moving average is $34.89 and its two-hundred day moving average is $32.84. The stock has a market capitalization of $739.43 million, a PE ratio of 13.85 and a beta of 0.65.

Institutional Trading of John Hancock Multifactor Emerging Markets ETF

A number of large investors have recently made changes to their positions in the business. Financially in Tune LLC bought a new position in shares of John Hancock Multifactor Emerging Markets ETF in the 4th quarter valued at about $278,000. Cetera Investment Advisers increased its stake in John Hancock Multifactor Emerging Markets ETF by 432.3% during the fourth quarter. Cetera Investment Advisers now owns 35,318 shares of the company’s stock worth $1,162,000 after acquiring an additional 28,683 shares during the last quarter. Focus Partners Wealth purchased a new stake in John Hancock Multifactor Emerging Markets ETF during the fourth quarter valued at approximately $1,709,000. Wells Fargo & Company MN lifted its stake in shares of John Hancock Multifactor Emerging Markets ETF by 31.5% in the 4th quarter. Wells Fargo & Company MN now owns 34,737 shares of the company’s stock valued at $1,143,000 after purchasing an additional 8,328 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of John Hancock Multifactor Emerging Markets ETF by 2,155.4% in the 4th quarter. LPL Financial LLC now owns 527,802 shares of the company’s stock valued at $17,365,000 after purchasing an additional 504,400 shares during the last quarter.

John Hancock Multifactor Emerging Markets ETF Company Profile

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.