John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Short Interest Update

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 26,973 shares, a growth of 168.0% from the August 31st total of 10,065 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 178,010 shares, the days-to-cover ratio is currently 0.2 days.

John Hancock Multifactor Emerging Markets ETF Stock Up 0.6%

Shares of NYSEARCA JHEM opened at $40.34 on Friday. John Hancock Multifactor Emerging Markets ETF has a 12 month low of $30.85 and a 12 month high of $42.16. The company has a market cap of $992.36 million, a price-to-earnings ratio of 13.85 and a beta of 0.71. The business has a fifty day simple moving average of $39.55 and a 200-day simple moving average of $38.58.

Institutional Trading of John Hancock Multifactor Emerging Markets ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. purchased a new stake in John Hancock Multifactor Emerging Markets ETF during the fourth quarter valued at about $230,000. Financially in Tune LLC purchased a new position in shares of John Hancock Multifactor Emerging Markets ETF in the fourth quarter worth approximately $278,000. Rockefeller Capital Management L.P. raised its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 135.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 31,995 shares of the company’s stock valued at $1,053,000 after acquiring an additional 18,401 shares during the period. Citadel Advisors LLC raised its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 311.2% during the second quarter. Citadel Advisors LLC now owns 31,234 shares of the company’s stock valued at $1,257,000 after acquiring an additional 23,639 shares during the period. Finally, NewEdge Wealth LLC purchased a new stake in shares of John Hancock Multifactor Emerging Markets ETF in the 1st quarter valued at approximately $2,412,000.

About John Hancock Multifactor Emerging Markets ETF

The John Hancock Multifactor Emerging Markets ETF (JHEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor weighted index of large- and mid-cap stocks from emerging markets. JHEM was launched on Sep 27, 2018 and is managed by John Hancock.