Cornerstone Wealth Management LLC Buys Shares of 16,960 John Hancock Multifactor Developed International ETF $JHMD

Cornerstone Wealth Management LLC bought a new stake in shares of John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 16,960 shares of the company’s stock, valued at approximately $704,000.

A number of other hedge funds have also added to or reduced their stakes in JHMD. Bank of America Corp DE grew its holdings in John Hancock Multifactor Developed International ETF by 53.8% during the 2nd quarter. Bank of America Corp DE now owns 723,022 shares of the company’s stock valued at $27,670,000 after buying an additional 252,988 shares in the last quarter. Raymond James Financial Inc. grew its holdings in John Hancock Multifactor Developed International ETF by 14.5% during the 2nd quarter. Raymond James Financial Inc. now owns 811,692 shares of the company’s stock valued at $31,063,000 after buying an additional 102,550 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in John Hancock Multifactor Developed International ETF by 38.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 317,069 shares of the company’s stock valued at $12,596,000 after buying an additional 87,390 shares in the last quarter. Simplicity Wealth LLC grew its holdings in John Hancock Multifactor Developed International ETF by 44.7% during the 4th quarter. Simplicity Wealth LLC now owns 240,543 shares of the company’s stock valued at $9,990,000 after buying an additional 74,351 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new position in John Hancock Multifactor Developed International ETF during the 3rd quarter valued at about $2,007,000.

John Hancock Multifactor Developed International ETF Stock Down 1.8%

JHMD stock opened at $44.05 on Friday. The firm has a market capitalization of $920.65 million, a PE ratio of 14.46 and a beta of 0.75. John Hancock Multifactor Developed International ETF has a twelve month low of $37.02 and a twelve month high of $46.03. The stock has a 50-day simple moving average of $43.48 and a two-hundred day simple moving average of $42.75.

John Hancock Multifactor Developed International ETF Profile

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.