John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Short Interest Update

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totaling 4,220 shares, a drop of 92.4% from the March 31st total of 55,535 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 281,969 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On John Hancock Multifactor Emerging Markets ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brueske Advisory Services LLC boosted its stake in John Hancock Multifactor Emerging Markets ETF by 8.0% during the 3rd quarter. Brueske Advisory Services LLC now owns 532,856 shares of the company’s stock valued at $16,868,000 after purchasing an additional 39,298 shares in the last quarter. Pallas Capital Advisors LLC boosted its stake in shares of John Hancock Multifactor Emerging Markets ETF by 3.8% during the 3rd quarter. Pallas Capital Advisors LLC now owns 597,624 shares of the company’s stock worth $18,918,000 after acquiring an additional 22,151 shares in the last quarter. AE Wealth Management LLC bought a new stake in shares of John Hancock Multifactor Emerging Markets ETF during the 3rd quarter worth $51,000. Wells Fargo & Company MN boosted its stake in shares of John Hancock Multifactor Emerging Markets ETF by 31.5% during the 4th quarter. Wells Fargo & Company MN now owns 34,737 shares of the company’s stock worth $1,143,000 after acquiring an additional 8,328 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of John Hancock Multifactor Emerging Markets ETF by 2.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 23,179 shares of the company’s stock worth $734,000 after acquiring an additional 604 shares in the last quarter.

John Hancock Multifactor Emerging Markets ETF Stock Up 1.7%

NYSEARCA JHEM traded up $0.64 on Friday, reaching $37.66. 6,045 shares of the stock traded hands, compared to its average volume of 131,276. The firm’s fifty day simple moving average is $35.73 and its 200 day simple moving average is $34.17. The company has a market cap of $952.80 million, a price-to-earnings ratio of 13.85 and a beta of 0.64. John Hancock Multifactor Emerging Markets ETF has a 12 month low of $26.23 and a 12 month high of $38.25.

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.