John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Significant Decrease in Short Interest

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 5,017 shares, a decrease of 68.3% from the June 30th total of 15,835 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 36,192 shares, the days-to-cover ratio is currently 0.1 days.

John Hancock Multifactor Large Cap ETF Stock Up 0.1%

Shares of JHML stock opened at $88.31 on Friday. John Hancock Multifactor Large Cap ETF has a 12 month low of $73.39 and a 12 month high of $90.02. The company has a market cap of $1.16 billion, a PE ratio of 23.08 and a beta of 0.97. The business’s 50 day moving average is $88.50 and its two-hundred day moving average is $84.22.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ameriprise Financial Inc. lifted its position in John Hancock Multifactor Large Cap ETF by 1.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,345,185 shares of the company’s stock worth $105,445,000 after acquiring an additional 17,653 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of John Hancock Multifactor Large Cap ETF by 21.6% in the third quarter. Raymond James Financial Inc. now owns 438,614 shares of the company’s stock valued at $34,374,000 after purchasing an additional 77,847 shares during the last quarter. Kestra Advisory Services LLC grew its position in shares of John Hancock Multifactor Large Cap ETF by 7.7% in the first quarter. Kestra Advisory Services LLC now owns 299,982 shares of the company’s stock valued at $23,480,000 after purchasing an additional 21,325 shares during the last quarter. Cetera Investment Advisers grew its position in shares of John Hancock Multifactor Large Cap ETF by 3.2% in the first quarter. Cetera Investment Advisers now owns 255,102 shares of the company’s stock valued at $19,967,000 after purchasing an additional 7,885 shares during the last quarter. Finally, Simplicity Wealth LLC increased its stake in shares of John Hancock Multifactor Large Cap ETF by 31.0% in 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.

John Hancock Multifactor Large Cap ETF Company 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.