John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sees Large Volume Increase – What’s Next?

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) saw an uptick in trading volume on Thursday . 490,908 shares traded hands during trading, an increase of 228% from the previous session’s volume of 149,799 shares.The stock last traded at $44.99 and had previously closed at $44.85.

John Hancock Multifactor Developed International ETF Trading Up 0.4%

The stock’s fifty day simple moving average is $43.58 and its 200-day simple moving average is $42.84. The stock has a market capitalization of $941.34 million, a PE ratio of 14.46 and a beta of 0.75.

Hedge Funds Weigh In On John Hancock Multifactor Developed International ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Cooper Financial Group boosted its holdings in shares of John Hancock Multifactor Developed International ETF by 47.4% in the 4th quarter. Cooper Financial Group now owns 70,867 shares of the company’s stock worth $2,943,000 after buying an additional 22,775 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of John Hancock Multifactor Developed International ETF by 38.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 317,069 shares of the company’s stock worth $12,596,000 after buying an additional 87,390 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in shares of John Hancock Multifactor Developed International ETF by 18.9% in the 4th quarter. CoreCap Advisors LLC now owns 103,589 shares of the company’s stock worth $4,302,000 after buying an additional 16,500 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of John Hancock Multifactor Developed International ETF in the 4th quarter worth about $799,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of John Hancock Multifactor Developed International ETF by 13.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 110,801 shares of the company’s stock worth $4,688,000 after buying an additional 12,728 shares during the last quarter.

John Hancock Multifactor Developed International ETF Company Profile

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.