The Manufacturers Life Insurance Company Grows Position in John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM)

The Manufacturers Life Insurance Company grew its stake in John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 0.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,343,162 shares of the company’s stock after buying an additional 37,873 shares during the period. The Manufacturers Life Insurance Company owned approximately 84.03% of John Hancock Multifactor Emerging Markets ETF worth $551,721,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in JHEM. JPMorgan Chase & Co. bought a new stake in shares of John Hancock Multifactor Emerging Markets ETF in the 3rd quarter worth approximately $726,000. Raymond James Financial Inc. bought a new stake in John Hancock Multifactor Emerging Markets ETF in the fourth quarter worth $652,000. Independent Advisor Alliance purchased a new stake in John Hancock Multifactor Emerging Markets ETF during the fourth quarter valued at about $472,000. SigFig Wealth Management LLC grew its stake in shares of John Hancock Multifactor Emerging Markets ETF by 3.9% during the fourth quarter. SigFig Wealth Management LLC now owns 22,763 shares of the company’s stock valued at $586,000 after buying an additional 862 shares during the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 2.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 16,667 shares of the company’s stock worth $431,000 after buying an additional 393 shares during the period.

John Hancock Multifactor Emerging Markets ETF Price Performance

Shares of JHEM stock opened at $26.41 on Monday. The business has a 50-day moving average of $26.32 and a 200 day moving average of $26.60. John Hancock Multifactor Emerging Markets ETF has a 1-year low of $23.47 and a 1-year high of $29.24. The stock has a market capitalization of $573.10 million, a PE ratio of 12.21 and a beta of 0.62.

John Hancock Multifactor Emerging Markets ETF Profile

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.