John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Stock Short Interest Report for October

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) saw a significant drop in short interest in October. As of October 30th, there was short interest totaling 7,447 shares, a drop of 75.6% from the October 15th total of 30,486 shares. Based on an average daily trading volume, of 26,319 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

John Hancock Multifactor Emerging Markets ETF Stock Up 1.9%

John Hancock Multifactor Emerging Markets ETF stock opened at $37.64 on Thursday. The stock has a 50-day simple moving average of $39.03 and a 200 day simple moving average of $38.16. John Hancock Multifactor Emerging Markets ETF has a 12-month low of $31.47 and a 12-month high of $42.16. The stock has a market capitalization of $922.18 million, a price-to-earnings ratio of 12.14 and a beta of 0.74.

Hedge Funds Weigh In On John Hancock Multifactor Emerging Markets ETF

Institutional investors have recently modified their holdings of the stock. The Manufacturers Life Insurance Company grew its stake in shares of John Hancock Multifactor Emerging Markets ETF by 13.2% during the second quarter. The Manufacturers Life Insurance Company now owns 21,548,669 shares of the company’s stock valued at $867,192,000 after purchasing an additional 2,508,488 shares during the last quarter. Simplicity Wealth LLC raised its position in John Hancock Multifactor Emerging Markets ETF by 80.1% in the 3rd quarter. Simplicity Wealth LLC now owns 307,093 shares of the company’s stock worth $12,174,000 after purchasing an additional 136,566 shares during the last quarter. Bank of America Corp DE raised its position in John Hancock Multifactor Emerging Markets ETF by 36.1% in the 1st quarter. Bank of America Corp DE now owns 302,848 shares of the company’s stock worth $10,375,000 after purchasing an additional 80,299 shares during the last quarter. CoreCap Advisors LLC raised its position in John Hancock Multifactor Emerging Markets ETF by 21.2% in the 3rd quarter. CoreCap Advisors LLC now owns 70,152 shares of the company’s stock worth $2,781,000 after purchasing an additional 12,277 shares during the last quarter. Finally, NewEdge Wealth LLC bought a new position in John Hancock Multifactor Emerging Markets ETF in the 1st quarter worth approximately $2,412,000.

About John Hancock Multifactor Emerging Markets ETF

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.