John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Reaches New 1-Year High – Here’s What Happened

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $46.04 and last traded at $46.03, with a volume of 20332 shares trading hands. The stock had previously closed at $45.67.

John Hancock Multifactor Developed International ETF Stock Up 1.1%

The firm’s fifty day moving average price is $44.83 and its two-hundred day moving average price is $44.21. The stock has a market capitalization of $978.38 million, a PE ratio of 14.46 and a beta of 0.74.

Institutional Investors Weigh In On John Hancock Multifactor Developed International ETF

A number of large investors have recently added to or reduced their stakes in JHMD. LPL Financial LLC lifted its holdings in shares of John Hancock Multifactor Developed International ETF by 11.3% during the 4th quarter. LPL Financial LLC now owns 998,364 shares of the company’s stock valued at $41,462,000 after buying an additional 101,631 shares during the period. Bank of America Corp DE grew its holdings in shares of John Hancock Multifactor Developed International ETF by 21.5% in the third quarter. Bank of America Corp DE now owns 878,717 shares of the company’s stock worth $35,131,000 after acquiring an additional 155,695 shares during the period. Raymond James Financial Inc. increased its position in John Hancock Multifactor Developed International ETF by 3.5% during the third quarter. Raymond James Financial Inc. now owns 839,721 shares of the company’s stock valued at $33,572,000 after acquiring an additional 28,029 shares during the last quarter. Simplicity Wealth LLC increased its position in John Hancock Multifactor Developed International ETF by 31.7% during the first quarter. Simplicity Wealth LLC now owns 316,683 shares of the company’s stock valued at $13,418,000 after acquiring an additional 76,140 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in John Hancock Multifactor Developed International ETF by 2.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 314,979 shares of the company’s stock valued at $13,083,000 after acquiring an additional 8,274 shares during the period.

About John Hancock Multifactor Developed International ETF

The John Hancock Multifactor Developed International ETF (JHMD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from developed markets ex-US and Canada, covering 85% of the market capitalization. Holdings are weighted based on fundamental and technical factors JHMD was launched on Dec 15, 2016 and is managed by John Hancock.