John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sets New 52-Week High – What’s Next?

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $86.00 and last traded at $85.81, with a volume of 12847 shares. The stock had previously closed at $85.06.

John Hancock Multifactor Large Cap ETF Trading Up 0.9%

The stock has a 50 day simple moving average of $81.21 and a 200 day simple moving average of $80.66. The stock has a market cap of $1.12 billion, a P/E ratio of 23.08 and a beta of 0.97.

Hedge Funds Weigh In On John Hancock Multifactor Large Cap ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Advisory Services Network LLC acquired a new stake in shares of John Hancock Multifactor Large Cap ETF during the 3rd quarter valued at $26,000. Flagship Harbor Advisors LLC acquired a new stake in shares of John Hancock Multifactor Large Cap ETF during the 4th quarter valued at $27,000. REAP Financial Group LLC acquired a new stake in shares of John Hancock Multifactor Large Cap ETF during the 4th quarter valued at $36,000. Pittenger & Anderson Inc. acquired a new position in John Hancock Multifactor Large Cap ETF during the 1st quarter worth about $45,000. Finally, Farther Finance Advisors LLC lifted its holdings in John Hancock Multifactor Large Cap ETF by 340.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 788 shares of the company’s stock worth $62,000 after buying an additional 609 shares during the period.

John Hancock Multifactor Large Cap ETF Company Profile

The John Hancock Multifactor Large Cap ETF (JHML) is an exchange-traded fund that is based on the John Hancock Dimensional Large Cap index. The fund tracks an index of largest 800 US firms, weighted by multiple factors relative to their sector peers. JHML was launched on Sep 28, 2015 and is managed by John Hancock.