John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sees Unusually-High Trading Volume – Time to Buy?

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) shares saw unusually-strong trading volume on Friday . Approximately 263,788 shares changed hands during trading, an increase of 133% from the previous session’s volume of 113,318 shares.The stock last traded at $31.76 and had previously closed at $32.26.

John Hancock Multifactor Developed International ETF Trading Down 1.5 %

The company has a market capitalization of $667.17 million, a P/E ratio of 13.74 and a beta of 0.80. The stock has a 50 day moving average price of $32.96 and a 200 day moving average price of $33.77.

Institutional Trading of John Hancock Multifactor Developed International ETF

Several hedge funds and other institutional investors have recently made changes to their positions in JHMD. First Horizon Advisors Inc. bought a new position in John Hancock Multifactor Developed International ETF during the 3rd quarter worth $120,000. OneDigital Investment Advisors LLC acquired a new stake in shares of John Hancock Multifactor Developed International ETF in the third quarter valued at about $209,000. Zacks Investment Management bought a new position in shares of John Hancock Multifactor Developed International ETF during the third quarter worth about $210,000. SigFig Wealth Management LLC lifted its stake in shares of John Hancock Multifactor Developed International ETF by 8.5% in the second quarter. SigFig Wealth Management LLC now owns 15,213 shares of the company’s stock worth $507,000 after acquiring an additional 1,191 shares during the period. Finally, TNF LLC boosted its holdings in John Hancock Multifactor Developed International ETF by 9.5% in the third quarter. TNF LLC now owns 15,021 shares of the company’s stock valued at $509,000 after acquiring an additional 1,307 shares during the last quarter.

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.