John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML – Get Free Report) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 5,574 shares, a decrease of 63.2% from the May 14th total of 15,167 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 21,150 shares, the short-interest ratio is currently 0.3 days.
Institutional Investors Weigh In On John Hancock Multifactor Large Cap ETF
Several institutional investors and hedge funds have recently made changes to their positions in JHML. Raymond James Financial Inc. increased its stake in shares of John Hancock Multifactor Large Cap ETF by 605.1% in the second quarter. Raymond James Financial Inc. now owns 360,767 shares of the company’s stock valued at $26,463,000 after buying an additional 309,599 shares during the period. Elevation Point Wealth Partners LLC increased its stake in shares of John Hancock Multifactor Large Cap ETF by 173.9% in the first quarter. Elevation Point Wealth Partners LLC now owns 164,836 shares of the company’s stock valued at $12,902,000 after buying an additional 104,661 shares during the period. Vestmark Advisory Solutions Inc. acquired a new stake in John Hancock Multifactor Large Cap ETF during the third quarter worth approximately $4,216,000. Simplicity Wealth LLC grew its stake in John Hancock Multifactor Large Cap ETF by 31.0% during the first quarter. Simplicity Wealth LLC now owns 168,408 shares of the company’s stock worth $13,181,000 after purchasing an additional 39,828 shares during the period. Finally, PMG Wealth Management Inc. grew its stake in John Hancock Multifactor Large Cap ETF by 76.8% during the first quarter. PMG Wealth Management Inc. now owns 78,077 shares of the company’s stock worth $6,111,000 after purchasing an additional 33,904 shares during the period.
John Hancock Multifactor Large Cap ETF Stock Performance
Shares of JHML stock traded up $0.58 on Friday, hitting $88.51. The company had a trading volume of 21,116 shares, compared to its average volume of 28,236. The firm has a market cap of $1.15 billion, a P/E ratio of 23.08 and a beta of 0.97. The stock’s 50-day moving average is $85.58 and its two-hundred day moving average is $82.41. John Hancock Multifactor Large Cap ETF has a twelve month low of $70.84 and a twelve month high of $89.70.
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.
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