John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Unusually-High Trading Volume – Should You Buy?

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHMLGet Free Report) saw unusually-high trading volume on Monday . 69,573 shares changed hands during mid-day trading, an increase of 127% from the previous session’s volume of 30,595 shares.The stock last traded at $92.18 and had previously closed at $92.30.

John Hancock Multifactor Large Cap ETF Stock Performance

The company has a market capitalization of $1.21 billion, a PE ratio of 23.08 and a beta of 0.97. The stock’s fifty day simple moving average is $89.24 and its 200-day simple moving average is $85.19.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JHML. Ebert Capital Management Inc. acquired a new position in John Hancock Multifactor Large Cap ETF during the fourth quarter valued at approximately $490,000. Simplicity Wealth LLC boosted its position in John Hancock Multifactor Large Cap ETF by 31.0% in the 1st quarter. Simplicity Wealth LLC now owns 168,408 shares of the company’s stock valued at $13,181,000 after buying an additional 39,828 shares during the last quarter. PMG Wealth Management Inc. boosted its holdings in John Hancock Multifactor Large Cap ETF by 76.8% in the first quarter. PMG Wealth Management Inc. now owns 78,077 shares of the company’s stock valued at $6,111,000 after purchasing an additional 33,904 shares during the last quarter. Kestra Advisory Services LLC boosted its stake in shares of John Hancock Multifactor Large Cap ETF by 7.7% during the 1st quarter. Kestra Advisory Services LLC now owns 299,982 shares of the company’s stock valued at $23,480,000 after buying an additional 21,325 shares during the last quarter. Finally, Financially in Tune LLC acquired a new position in John Hancock Multifactor Large Cap ETF during the 4th quarter worth $1,048,000.

About John Hancock Multifactor Large Cap ETF

(Get Free Report)

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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