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

Shares of John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) saw an uptick in trading volume on Wednesday . 127,693 shares traded hands during trading, an increase of 345% from the previous session’s volume of 28,665 shares.The stock last traded at $72.90 and had previously closed at $72.45.

John Hancock Multifactor Large Cap ETF Trading Up 0.6 %

The company has a market capitalization of $987.12 million, a P/E ratio of 22.60 and a beta of 0.96. The business’s fifty day moving average price is $71.06 and its 200-day moving average price is $67.85.

Institutional Trading of John Hancock Multifactor Large Cap ETF

Several hedge funds have recently added to or reduced their stakes in JHML. Assetmark Inc. purchased a new position in shares of John Hancock Multifactor Large Cap ETF during the third quarter valued at about $48,000. Coastline Trust Co purchased a new stake in John Hancock Multifactor Large Cap ETF in the third quarter worth about $153,000. FMR LLC grew its holdings in John Hancock Multifactor Large Cap ETF by 8.6% in the third quarter. FMR LLC now owns 2,243 shares of the company’s stock worth $156,000 after purchasing an additional 178 shares during the period. First Horizon Advisors Inc. purchased a new stake in John Hancock Multifactor Large Cap ETF in the third quarter worth about $203,000. Finally, Quantinno Capital Management LP purchased a new stake in John Hancock Multifactor Large Cap ETF in the third quarter worth about $352,000.

John Hancock Multifactor Large Cap ETF Company Profile

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.