John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Large Volume Increase – Here’s What Happened

Shares of John Hancock Multifactor Large Cap ETF (NYSEARCA:JHMLGet Free Report) saw strong trading volume on Monday . 69,573 shares changed hands during trading, an increase of 127% from the previous session’s volume of 30,595 shares.The stock last traded at $92.18 and had previously closed at $92.30.

John Hancock Multifactor Large Cap ETF Stock Performance

The stock has a 50 day moving average of $89.24 and a 200 day moving average of $85.19. The stock has a market capitalization of $1.21 billion, a P/E ratio of 23.08 and a beta of 0.97.

Hedge Funds Weigh In On John Hancock Multifactor Large Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JHML. Trust Co. of Vermont acquired a new position in shares of John Hancock Multifactor Large Cap ETF during the second quarter valued at $69,000. CoreCap Advisors LLC grew its stake in shares of John Hancock Multifactor Large Cap ETF by 5.8% in the 2nd quarter. CoreCap Advisors LLC now owns 65,438 shares of the company’s stock worth $5,836,000 after purchasing an additional 3,596 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of John Hancock Multifactor Large Cap ETF in the 1st quarter worth approximately $168,000. NewEdge Advisors LLC lifted its stake in John Hancock Multifactor Large Cap ETF by 7.7% during the first quarter. NewEdge Advisors LLC now owns 8,345 shares of the company’s stock valued at $653,000 after purchasing an additional 596 shares during the last quarter. Finally, Arkadios Wealth Advisors boosted its holdings in John Hancock Multifactor Large Cap ETF by 2.4% during the first quarter. Arkadios Wealth Advisors now owns 10,465 shares of the company’s stock worth $819,000 after buying an additional 243 shares in the last quarter.

About John Hancock Multifactor Large Cap ETF

(Get Free Report)

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.

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