John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Short Interest Update

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 486 shares, a drop of 86.5% from the July 30th total of 3,611 shares. Based on an average daily volume of 35,929 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of JHML. JPMorgan Chase & Co. grew its stake in John Hancock Multifactor Large Cap ETF by 8.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 8,327 shares of the company’s stock valued at $611,000 after acquiring an additional 662 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of John Hancock Multifactor Large Cap ETF by 605.1% in the second quarter. Raymond James Financial Inc. now owns 360,767 shares of the company’s stock worth $26,463,000 after purchasing an additional 309,599 shares in the last quarter. Smartleaf Asset Management LLC acquired a new stake in shares of John Hancock Multifactor Large Cap ETF during the second quarter worth approximately $75,000. Orion Porfolio Solutions LLC boosted its holdings in shares of John Hancock Multifactor Large Cap ETF by 6.4% during the third quarter. Orion Porfolio Solutions LLC now owns 6,288 shares of the company’s stock worth $493,000 after purchasing an additional 378 shares during the period. Finally, Equitable Holdings Inc. grew its position in John Hancock Multifactor Large Cap ETF by 17.0% during the third quarter. Equitable Holdings Inc. now owns 12,112 shares of the company’s stock valued at $949,000 after purchasing an additional 1,761 shares in the last quarter.

John Hancock Multifactor Large Cap ETF Trading Up 0.1%

NYSEARCA:JHML traded up $0.12 during trading hours on Wednesday, hitting $91.09. 11,548 shares of the stock traded hands, compared to its average volume of 30,476. The firm has a 50 day moving average price of $89.65 and a 200 day moving average price of $85.64. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 23.08 and a beta of 0.97. John Hancock Multifactor Large Cap ETF has a fifty-two week low of $75.29 and a fifty-two week high of $92.58.

About John Hancock Multifactor Large Cap ETF

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.