John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD – Get Free Report) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 18,256 shares, a drop of 47.3% from the July 15th total of 34,650 shares. Based on an average daily volume of 68,827 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.
Hedge Funds Weigh In On John Hancock Multifactor Developed International ETF
Institutional investors and hedge funds have recently modified their holdings of the company. Comerica Bank grew its position in John Hancock Multifactor Developed International ETF by 15.1% during the fourth quarter. Comerica Bank now owns 3,137 shares of the company’s stock valued at $130,000 after buying an additional 411 shares during the period. Private Advisor Group LLC lifted its position in shares of John Hancock Multifactor Developed International ETF by 2.3% in the first 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 in the last quarter. HighTower Advisors LLC lifted its holdings in 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 purchasing an additional 675 shares in the last quarter. Assetmark Inc. boosted its position in shares of John Hancock Multifactor Developed International ETF by 866.7% during the fourth quarter. Assetmark Inc. now owns 1,160 shares of the company’s stock worth $48,000 after acquiring an additional 1,040 shares during the last quarter. Finally, UBS Group AG grew its position in shares of John Hancock Multifactor Developed International ETF by 2.4% during the fourth quarter. UBS Group AG now owns 55,289 shares of the company’s stock valued at $2,296,000 after purchasing an additional 1,295 shares in the last quarter.
John Hancock Multifactor Developed International ETF Trading Down 0.0%
NYSEARCA JHMD traded down $0.02 during trading on Friday, hitting $46.55. The company had a trading volume of 60,562 shares, compared to its average volume of 123,920. John Hancock Multifactor Developed International ETF has a one year low of $38.68 and a one year high of $46.80. The company has a market cap of $986.86 million, a price-to-earnings ratio of 14.46 and a beta of 0.74. The company’s fifty day moving average is $45.09 and its 200-day moving average is $44.44.
John Hancock Multifactor Developed International ETF Company Profile
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.
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