John Hancock Multifactor Developed International ETF $JHMD Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company reduced its holdings in John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) by 13.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,386,289 shares of the company’s stock after selling 1,118,016 shares during the period. The Manufacturers Life Insurance Company owned about 35.34% of John Hancock Multifactor Developed International ETF worth $312,959,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JHMD. Allworth Financial LP purchased a new position in shares of John Hancock Multifactor Developed International ETF during the third quarter worth $39,000. Assetmark Inc. lifted its position 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 purchasing an additional 1,040 shares during the period. Comerica Bank boosted its holdings in John Hancock Multifactor Developed International ETF by 15.1% in the fourth quarter. Comerica Bank now owns 3,137 shares of the company’s stock valued at $130,000 after purchasing an additional 411 shares during the last quarter. CLG LLC purchased a new stake in John Hancock Multifactor Developed International ETF in the second quarter valued at $203,000. Finally, Sun Financial Inc acquired a new stake in John Hancock Multifactor Developed International ETF during the 4th quarter worth about $235,000.

John Hancock Multifactor Developed International ETF Stock Performance

Shares of JHMD opened at $44.75 on Tuesday. The business’s 50-day moving average is $44.77 and its two-hundred day moving average is $44.11. The company has a market capitalization of $948.70 million, a P/E ratio of 14.46 and a beta of 0.74. John Hancock Multifactor Developed International ETF has a fifty-two week low of $37.38 and a fifty-two week high of $46.03.

John Hancock Multifactor Developed International ETF 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.