John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sees Strong Trading Volume – Should You Buy?

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) shares saw unusually-high trading volume on Tuesday . Approximately 110,511 shares changed hands during trading, an increase of 60% from the previous session’s volume of 68,949 shares.The stock last traded at $34.57 and had previously closed at $34.29.

John Hancock Multifactor Developed International ETF Price Performance

The stock has a fifty day moving average price of $34.68 and a two-hundred day moving average price of $33.82. The company has a market cap of $638.45 million, a P/E ratio of 14.21 and a beta of 0.79.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of JHMD. Rialto Wealth Management LLC bought a new position in John Hancock Multifactor Developed International ETF in the 4th quarter valued at about $94,000. JPMorgan Chase & Co. lifted its stake in shares of John Hancock Multifactor Developed International ETF by 220.1% in the 4th quarter. JPMorgan Chase & Co. now owns 6,722 shares of the company’s stock worth $216,000 after acquiring an additional 4,622 shares during the period. Principal Securities Inc. increased its stake in shares of John Hancock Multifactor Developed International ETF by 12.0% during the fourth quarter. Principal Securities Inc. now owns 8,031 shares of the company’s stock valued at $258,000 after acquiring an additional 859 shares during the period. Stratos Wealth Partners LTD. increased its stake in shares of John Hancock Multifactor Developed International ETF by 7.7% during the fourth quarter. Stratos Wealth Partners LTD. now owns 16,749 shares of the company’s stock valued at $537,000 after acquiring an additional 1,198 shares during the period. Finally, CoreCap Advisors LLC bought a new stake in John Hancock Multifactor Developed International ETF during the fourth quarter worth approximately $558,000.

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.