John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Large Volume Increase – What’s Next?

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) saw unusually-high trading volume on Friday . Approximately 113,849 shares changed hands during trading, an increase of 275% from the previous session’s volume of 30,365 shares.The stock last traded at $70.55 and had previously closed at $69.81.

John Hancock Multifactor Large Cap ETF Trading Up 1.2 %

The business’s fifty day moving average price is $71.43 and its 200 day moving average price is $68.25. The firm has a market capitalization of $957.31 million, a price-to-earnings ratio of 22.60 and a beta of 0.96.

Hedge Funds Weigh In On John Hancock Multifactor Large Cap ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Assetmark Inc. acquired a new stake in John Hancock Multifactor Large Cap ETF during the 3rd quarter worth approximately $48,000. Coastline Trust Co purchased a new stake in shares of John Hancock Multifactor Large Cap ETF during the third quarter worth approximately $153,000. FMR LLC raised its stake in shares of John Hancock Multifactor Large Cap ETF by 8.6% during the third quarter. FMR LLC now owns 2,243 shares of the company’s stock worth $156,000 after purchasing an additional 178 shares during the last quarter. First Horizon Advisors Inc. acquired a new stake in shares of John Hancock Multifactor Large Cap ETF during the third quarter worth $203,000. Finally, Quantinno Capital Management LP purchased a new position in John Hancock Multifactor Large Cap ETF in the 3rd quarter valued at $352,000.

About John Hancock Multifactor Large Cap ETF

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.