John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD – Get Free Report) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 56,660 shares, an increase of 210.4% from the July 30th total of 18,256 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 97,372 shares, the short-interest ratio is currently 0.6 days.
Institutional Trading of John Hancock Multifactor Developed International ETF
A number of hedge funds have recently made changes to their positions in the stock. Sanctuary Advisors LLC purchased a new position in John Hancock Multifactor Developed International ETF during the fourth quarter valued at approximately $799,000. Cornerstone Wealth Management LLC purchased a new stake in John Hancock Multifactor Developed International ETF in the 4th quarter worth approximately $704,000. Financially in Tune LLC purchased a new stake in John Hancock Multifactor Developed International ETF in the 4th quarter worth approximately $1,154,000. Royal Bank of Canada boosted its stake in shares of John Hancock Multifactor Developed International ETF by 35.3% during the 1st quarter. Royal Bank of Canada now owns 200,313 shares of the company’s stock valued at $8,487,000 after buying an additional 52,226 shares during the period. Finally, Simplicity Wealth LLC boosted its stake in shares of John Hancock Multifactor Developed International ETF by 31.7% during the 1st quarter. Simplicity Wealth LLC now owns 316,683 shares of the company’s stock valued at $13,418,000 after buying an additional 76,140 shares during the period.
John Hancock Multifactor Developed International ETF Trading Down 0.4%
NYSEARCA JHMD traded down $0.20 during trading on Thursday, reaching $46.30. 59,176 shares of the company’s stock were exchanged, compared to its average volume of 121,367. John Hancock Multifactor Developed International ETF has a fifty-two week low of $38.68 and a fifty-two week high of $46.80. The firm has a market capitalization of $981.56 million, a PE ratio of 14.46 and a beta of 0.74. The company’s fifty day simple moving average is $45.33 and its 200-day simple moving average is $44.58.
John Hancock Multifactor Developed International ETF Company Profile
The John Hancock Multifactor Developed International ETF (JHMD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from developed markets ex-US and Canada, covering 85% of the market capitalization. Holdings are weighted based on fundamental and technical factors JHMD was launched on Dec 15, 2016 and is managed by John Hancock.
Further Reading
- Five stocks we like better than John Hancock Multifactor Developed International ETF
- Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
- SEC Probe Puts Wall Street Leverage Risk Back in Focus
- A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole
- Five Below’s Turnaround Is Working—But Has the Stock Run Too Far?
Receive News & Ratings for John Hancock Multifactor Developed International ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Hancock Multifactor Developed International ETF and related companies with MarketBeat.com's FREE daily email newsletter.
