Iams Wealth Management LLC Makes New Investment in John Hancock Multifactor Developed International ETF $JHMD

Iams Wealth Management LLC purchased a new stake in shares of John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 37,890 shares of the company’s stock, valued at approximately $1,574,000.

Several other hedge funds also recently modified their holdings of the company. Allworth Financial LP bought a new stake in shares of John Hancock Multifactor Developed International ETF in the 3rd quarter worth $39,000. Assetmark Inc. boosted its stake in John Hancock Multifactor Developed International ETF by 866.7% during the fourth quarter. Assetmark Inc. now owns 1,160 shares of the company’s stock valued at $48,000 after buying an additional 1,040 shares in the last quarter. AE Wealth Management LLC acquired a new position in John Hancock Multifactor Developed International ETF during the third quarter worth about $135,000. MONECO Advisors LLC acquired a new position in John Hancock Multifactor Developed International ETF during the third quarter worth about $207,000. Finally, CLG LLC bought a new stake in John Hancock Multifactor Developed International ETF in the second quarter worth about $203,000.

John Hancock Multifactor Developed International ETF Trading Down 0.2%

Shares of NYSEARCA JHMD opened at $44.87 on Friday. John Hancock Multifactor Developed International ETF has a twelve month low of $34.37 and a twelve month high of $46.03. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 14.46 and a beta of 0.77. The firm has a 50-day moving average of $43.73 and a two-hundred day moving average of $42.16.

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.