John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sees Large Volume Increase

Posted by Erica Schwartz on Apr 26th, 2024

Shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 39,881 shares traded hands during mid-day trading, an increase of 68% from the previous session’s volume of 23,686 shares.The stock last traded at $25.91 and had previously closed at $25.72.

John Hancock Multifactor Emerging Markets ETF Trading Up 0.7 %

The firm has a market capitalization of $684.02 million, a price-to-earnings ratio of 10.81 and a beta of 0.85. The stock has a fifty day moving average price of $25.70 and a 200-day moving average price of $24.87.

Institutional Investors Weigh In On John Hancock Multifactor Emerging Markets ETF

Several large investors have recently made changes to their positions in JHEM. TNF LLC bought a new position in shares of John Hancock Multifactor Emerging Markets ETF in the first quarter valued at about $233,000. SigFig Wealth Management LLC boosted its position in John Hancock Multifactor Emerging Markets ETF by 4.6% in the 4th quarter. SigFig Wealth Management LLC now owns 16,223 shares of the company’s stock valued at $413,000 after buying an additional 717 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in shares of John Hancock Multifactor Emerging Markets ETF by 50.9% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 17,756 shares of the company’s stock valued at $452,000 after acquiring an additional 5,993 shares during the period. Private Advisor Group LLC boosted its holdings in John Hancock Multifactor Emerging Markets ETF by 26.8% in the third quarter. Private Advisor Group LLC now owns 25,279 shares of the company’s stock valued at $600,000 after acquiring an additional 5,345 shares during the last quarter. Finally, Waterloo Capital L.P. acquired a new stake in John Hancock Multifactor Emerging Markets ETF in the fourth quarter worth about $1,417,000.

John Hancock Multifactor Emerging Markets ETF Company Profile

(Get Free Report)

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.