John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM – Get Free Report) saw a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 7,447 shares, a drop of 75.6% from the October 15th total of 30,486 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 26,319 shares, the short-interest ratio is currently 0.3 days.
John Hancock Multifactor Emerging Markets ETF Stock Up 1.9%
JHEM stock opened at $37.64 on Thursday. John Hancock Multifactor Emerging Markets ETF has a twelve month low of $31.47 and a twelve month high of $42.16. The company has a market cap of $922.18 million, a P/E ratio of 12.14 and a beta of 0.74. The business has a fifty day moving average of $39.03 and a 200-day moving average of $38.16.
Institutional Trading of John Hancock Multifactor Emerging Markets ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JHEM. Private Advisor Group LLC acquired a new position in John Hancock Multifactor Emerging Markets ETF during the 3rd quarter valued at about $724,000. Commonwealth Equity Services LLC bought a new position in shares of John Hancock Multifactor Emerging Markets ETF in the 3rd quarter valued at about $1,327,000. Evensky & Katz LLC bought a new position in shares of John Hancock Multifactor Emerging Markets ETF in the 3rd quarter valued at about $1,167,000. Simplicity Wealth LLC grew its position in shares of John Hancock Multifactor Emerging Markets ETF by 80.1% during the 3rd quarter. Simplicity Wealth LLC now owns 307,093 shares of the company’s stock worth $12,174,000 after buying an additional 136,566 shares during the period. Finally, CoreCap Advisors LLC grew its position in shares of John Hancock Multifactor Emerging Markets ETF by 21.2% during the 3rd quarter. CoreCap Advisors LLC now owns 70,152 shares of the company’s stock worth $2,781,000 after buying an additional 12,277 shares during the period.
John Hancock Multifactor Emerging Markets ETF Company Profile
The John Hancock Multifactor Emerging Markets ETF (JHEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor weighted index of large- and mid-cap stocks from emerging markets. JHEM was launched on Sep 27, 2018 and is managed by John Hancock.
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