John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Reaches New 12-Month High – Here’s What Happened

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $36.05 and last traded at $36.05, with a volume of 9408 shares. The stock had previously closed at $35.78.

John Hancock Multifactor Emerging Markets ETF Trading Up 1.4%

The stock has a fifty day simple moving average of $33.96 and a two-hundred day simple moving average of $32.31. The firm has a market cap of $717.95 million, a PE ratio of 13.85 and a beta of 0.65.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. LPL Financial LLC grew its stake in shares of John Hancock Multifactor Emerging Markets ETF by 2,155.4% in the fourth quarter. LPL Financial LLC now owns 527,802 shares of the company’s stock worth $17,365,000 after purchasing an additional 504,400 shares during the last quarter. Jane Street Group LLC lifted its holdings in John Hancock Multifactor Emerging Markets ETF by 435.3% in the 1st quarter. Jane Street Group LLC now owns 302,931 shares of the company’s stock worth $8,076,000 after buying an additional 246,336 shares during the period. Susquehanna International Group LLP lifted its holdings in John Hancock Multifactor Emerging Markets ETF by 162.1% in the 3rd quarter. Susquehanna International Group LLP now owns 105,844 shares of the company’s stock worth $3,350,000 after buying an additional 65,458 shares during the period. Brueske Advisory Services LLC grew its position in shares of John Hancock Multifactor Emerging Markets ETF by 8.0% in the 3rd quarter. Brueske Advisory Services LLC now owns 532,856 shares of the company’s stock worth $16,868,000 after buying an additional 39,298 shares during the last quarter. Finally, Simplicity Wealth LLC increased its stake in shares of John Hancock Multifactor Emerging Markets ETF by 42.6% during the fourth quarter. Simplicity Wealth LLC now owns 124,001 shares of the company’s stock valued at $4,080,000 after buying an additional 37,058 shares during the period.

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.