John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sees Large Volume Increase – Still a Buy?

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMDGet Free Report) saw strong trading volume on Monday . 817,013 shares traded hands during trading, an increase of 482% from the previous session’s volume of 140,413 shares.The stock last traded at $45.00 and had previously closed at $45.06.

John Hancock Multifactor Developed International ETF Stock Performance

The stock has a fifty day moving average of $43.51 and a 200-day moving average of $42.58. The company has a market cap of $939.66 million, a PE ratio of 14.46 and a beta of 0.75.

Hedge Funds Weigh In On John Hancock Multifactor Developed International ETF

A number of large investors have recently bought and sold shares of the business. Comerica Bank boosted its holdings in John Hancock Multifactor Developed International ETF by 15.1% during the 4th quarter. Comerica Bank now owns 3,137 shares of the company’s stock valued at $130,000 after acquiring an additional 411 shares during the period. Private Advisor Group LLC boosted its holdings in John Hancock Multifactor Developed International ETF by 2.3% during the 1st quarter. Private Advisor Group LLC now owns 18,209 shares of the company’s stock valued at $772,000 after acquiring an additional 413 shares during the period. HighTower Advisors LLC lifted its holdings in shares of John Hancock Multifactor Developed International ETF by 11.5% in the 4th quarter. HighTower Advisors LLC now owns 6,545 shares of the company’s stock worth $272,000 after buying an additional 675 shares during the period. Balboa Wealth Partners lifted its holdings in shares of John Hancock Multifactor Developed International ETF by 12.1% in the 3rd quarter. Balboa Wealth Partners now owns 7,159 shares of the company’s stock worth $286,000 after buying an additional 770 shares during the period. Finally, Allworth Financial LP purchased a new stake in shares of John Hancock Multifactor Developed International ETF in the 3rd quarter worth $39,000.

John Hancock Multifactor Developed International ETF Company Profile

(Get Free Report)

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.

Further Reading

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