John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 56,660 shares, a growth of 210.4% from the July 30th total of 18,256 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 97,372 shares, the days-to-cover ratio is presently 0.6 days.
John Hancock Multifactor Developed International ETF Stock Down 0.2%
John Hancock Multifactor Developed International ETF stock traded down $0.07 during midday trading on Friday, reaching $46.27. The company’s stock had a trading volume of 38,821 shares, compared to its average volume of 120,942. The company has a market cap of $980.92 million, a P/E ratio of 14.46 and a beta of 0.74. The business has a 50-day simple moving average of $45.37 and a 200-day simple moving average of $44.61. John Hancock Multifactor Developed International ETF has a fifty-two week low of $38.68 and a fifty-two week high of $46.80.
Institutional Investors Weigh In On John Hancock Multifactor Developed International ETF
Several hedge funds and other institutional investors have recently made changes to their positions in JHMD. Jane Street Group LLC boosted its holdings 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 purchasing an additional 47,538 shares in the last quarter. Cetera Investment Advisers raised its holdings in John Hancock Multifactor Developed International ETF by 14.2% during the second quarter. Cetera Investment Advisers now owns 17,113 shares of the company’s stock worth $655,000 after purchasing an additional 2,133 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of John Hancock Multifactor Developed International ETF by 14.5% during the 2nd quarter. Raymond James Financial Inc. now owns 811,692 shares of the company’s stock worth $31,063,000 after buying an additional 102,550 shares during the last quarter. CLG LLC purchased a new stake in shares of John Hancock Multifactor Developed International ETF during the 2nd quarter worth approximately $203,000. Finally, Bank of America Corp DE boosted its holdings in shares of John Hancock Multifactor Developed International ETF by 53.8% in the 2nd quarter. Bank of America Corp DE now owns 723,022 shares of the company’s stock valued at $27,670,000 after buying an additional 252,988 shares in the last quarter.
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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