John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Short Interest Update

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 5,017 shares, a decline of 68.3% from the June 30th total of 15,835 shares. Based on an average daily volume of 36,192 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

John Hancock Multifactor Large Cap ETF Price Performance

John Hancock Multifactor Large Cap ETF stock traded up $0.35 during midday trading on Tuesday, reaching $88.88. 9,947 shares of the company traded hands, compared to its average volume of 30,396. John Hancock Multifactor Large Cap ETF has a 12 month low of $73.39 and a 12 month high of $90.02. The business has a 50 day moving average of $88.54 and a two-hundred day moving average of $84.29. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 23.08 and a beta of 0.97.

Institutional Trading of John Hancock Multifactor Large Cap ETF

A number of hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. lifted its stake in shares of John Hancock Multifactor Large Cap ETF by 605.1% in the 2nd quarter. Raymond James Financial Inc. now owns 360,767 shares of the company’s stock worth $26,463,000 after purchasing an additional 309,599 shares during the period. Elevation Point Wealth Partners LLC boosted its stake in shares of John Hancock Multifactor Large Cap ETF by 173.9% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 164,836 shares of the company’s stock worth $12,902,000 after acquiring an additional 104,661 shares during the last quarter. Simplicity Wealth LLC boosted its stake in shares of John Hancock Multifactor Large Cap ETF by 31.0% during the 1st quarter. Simplicity Wealth LLC now owns 168,408 shares of the company’s stock worth $13,181,000 after acquiring an additional 39,828 shares during the last quarter. PMG Wealth Management Inc. grew its position in shares of John Hancock Multifactor Large Cap ETF by 76.8% during the 1st quarter. PMG Wealth Management Inc. now owns 78,077 shares of the company’s stock valued at $6,111,000 after acquiring an additional 33,904 shares during the period. Finally, Hershey Financial Advisers LLC bought a new stake in shares of John Hancock Multifactor Large Cap ETF during the 3rd quarter valued at $1,691,000.

About John Hancock Multifactor Large Cap ETF

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.