Merit Financial Group LLC Sells 39,885 Shares of John Hancock Multifactor Developed International ETF $JHMD

Merit Financial Group LLC lowered its stake in John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) by 19.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 160,913 shares of the company’s stock after selling 39,885 shares during the quarter. Merit Financial Group LLC owned about 0.87% of John Hancock Multifactor Developed International ETF worth $6,158,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. The Manufacturers Life Insurance Company lifted its stake in John Hancock Multifactor Developed International ETF by 3.3% in the first quarter. The Manufacturers Life Insurance Company now owns 9,542,406 shares of the company’s stock valued at $333,507,000 after buying an additional 308,245 shares in the last quarter. Flow Traders U.S. LLC lifted its stake in John Hancock Multifactor Developed International ETF by 133.9% in the first quarter. Flow Traders U.S. LLC now owns 554,453 shares of the company’s stock valued at $19,378,000 after buying an additional 317,425 shares in the last quarter. Magnus Financial Group LLC lifted its stake in John Hancock Multifactor Developed International ETF by 1.1% in the second quarter. Magnus Financial Group LLC now owns 320,286 shares of the company’s stock valued at $12,257,000 after buying an additional 3,537 shares in the last quarter. Simplicity Wealth LLC lifted its stake in John Hancock Multifactor Developed International ETF by 311.5% in the second quarter. Simplicity Wealth LLC now owns 213,746 shares of the company’s stock valued at $8,180,000 after buying an additional 161,803 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in John Hancock Multifactor Developed International ETF by 49.2% in the first quarter. Jane Street Group LLC now owns 144,236 shares of the company’s stock valued at $5,041,000 after buying an additional 47,538 shares in the last quarter.

John Hancock Multifactor Developed International ETF Stock Performance

Shares of JHMD opened at $40.58 on Monday. The firm’s 50 day moving average price is $39.43 and its two-hundred day moving average price is $37.72. The firm has a market cap of $811.60 million, a P/E ratio of 14.46 and a beta of 0.85. John Hancock Multifactor Developed International ETF has a twelve month low of $30.98 and a twelve month high of $40.62.

About John Hancock Multifactor Developed International ETF

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.