Foundry Financial Group Inc. Lowers Holdings in John Hancock Multifactor Large Cap ETF $JHML

Foundry Financial Group Inc. trimmed its stake in John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) by 35.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,219 shares of the company’s stock after selling 10,588 shares during the quarter. John Hancock Multifactor Large Cap ETF accounts for 0.7% of Foundry Financial Group Inc.’s portfolio, making the stock its 28th biggest holding. Foundry Financial Group Inc. owned about 0.15% of John Hancock Multifactor Large Cap ETF worth $1,504,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Advisory Services Network LLC bought a new position in John Hancock Multifactor Large Cap ETF in the 3rd quarter worth about $26,000. Flagship Harbor Advisors LLC bought a new stake in John Hancock Multifactor Large Cap ETF during the 4th quarter valued at about $27,000. REAP Financial Group LLC purchased a new position in John Hancock Multifactor Large Cap ETF in the fourth quarter worth about $36,000. Trust Co. of Vermont purchased a new position in John Hancock Multifactor Large Cap ETF in the fourth quarter worth about $62,000. Finally, Smartleaf Asset Management LLC bought a new position in shares of John Hancock Multifactor Large Cap ETF in the second quarter worth approximately $75,000.

John Hancock Multifactor Large Cap ETF Stock Up 1.1%

NYSEARCA:JHML opened at $88.72 on Tuesday. The company’s 50 day moving average price is $87.24 and its 200-day moving average price is $83.11. John Hancock Multifactor Large Cap ETF has a 52 week low of $73.05 and a 52 week high of $90.02. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 23.08 and a beta of 0.97.

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.