John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sees Strong Trading Volume – Here’s What Happened

Shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEMGet Free Report) saw strong trading volume on Monday . 92,075 shares were traded during trading, an increase of 7% from the previous session’s volume of 86,263 shares.The stock last traded at $39.53 and had previously closed at $40.67.

John Hancock Multifactor Emerging Markets ETF Stock Down 0.5%

The company has a market cap of $1.02 billion, a PE ratio of 13.85 and a beta of 0.71. The firm’s 50-day moving average is $39.32 and its 200-day moving average is $38.36.

John Hancock Multifactor Emerging Markets ETF Dividend Announcement

The company also recently disclosed a semiannual dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 26th were given a dividend of $0.2027 per share. This represents a yield of 102.0%. The ex-dividend date of this dividend was Friday, June 26th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. The Manufacturers Life Insurance Company boosted its position in shares of John Hancock Multifactor Emerging Markets ETF by 13.2% during the second quarter. The Manufacturers Life Insurance Company now owns 21,548,669 shares of the company’s stock valued at $867,192,000 after purchasing an additional 2,508,488 shares in the last quarter. Citadel Advisors LLC raised its holdings in John Hancock Multifactor Emerging Markets ETF by 311.2% in the second quarter. Citadel Advisors LLC now owns 31,234 shares of the company’s stock worth $1,257,000 after purchasing an additional 23,639 shares in the last quarter. Bank of America Corp DE raised its holdings in John Hancock Multifactor Emerging Markets ETF by 36.1% in the first quarter. Bank of America Corp DE now owns 302,848 shares of the company’s stock worth $10,375,000 after purchasing an additional 80,299 shares in the last quarter. NewEdge Wealth LLC purchased a new position in John Hancock Multifactor Emerging Markets ETF during the first quarter valued at $2,412,000. Finally, Simplicity Wealth LLC lifted its position in John Hancock Multifactor Emerging Markets ETF by 27.9% during the first quarter. Simplicity Wealth LLC now owns 158,586 shares of the company’s stock valued at $5,433,000 after buying an additional 34,585 shares during the period.

About John Hancock Multifactor Emerging Markets ETF

(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.

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