John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sets New 12-Month High – Here’s What Happened

Shares of John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) reached a new 52-week high during trading on Monday . The stock traded as high as $90.06 and last traded at $90.06, with a volume of 9418 shares traded. The stock had previously closed at $88.99.

John Hancock Multifactor Large Cap ETF Stock Up 0.0%

The company has a market capitalization of $1.20 billion, a PE ratio of 23.08 and a beta of 0.97. The company’s 50 day moving average is $88.77 and its two-hundred day moving average is $84.61.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in JHML. Raymond James Financial Inc. lifted its position in shares of John Hancock Multifactor Large Cap ETF by 605.1% in the second quarter. Raymond James Financial Inc. now owns 360,767 shares of the company’s stock worth $26,463,000 after buying an additional 309,599 shares in the last quarter. Elevation Point Wealth Partners LLC increased its stake in John Hancock Multifactor Large Cap ETF by 173.9% in 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 raised its holdings 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 in the last quarter. PMG Wealth Management Inc. boosted 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 last quarter. Finally, Hershey Financial Advisers LLC bought a new position in shares of John Hancock Multifactor Large Cap ETF during the 3rd quarter valued at approximately $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.