John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sees Unusually-High Trading Volume – Time to Buy?

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) shares saw unusually-strong trading volume on Wednesday . Approximately 183,767 shares changed hands during mid-day trading, an increase of 217% from the previous session’s volume of 58,040 shares.The stock last traded at $27.36 and had previously closed at $27.39.

John Hancock Multifactor Emerging Markets ETF Stock Performance

The company has a market cap of $600.24 million, a price-to-earnings ratio of 13.54 and a beta of 0.72. The company’s 50 day moving average price is $26.44 and its 200 day moving average price is $26.97.

Institutional Trading of John Hancock Multifactor Emerging Markets ETF

Several large investors have recently added to or reduced their stakes in JHEM. Rockefeller Capital Management L.P. grew its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 2.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 16,667 shares of the company’s stock worth $431,000 after purchasing an additional 393 shares during the last quarter. SigFig Wealth Management LLC lifted its position in John Hancock Multifactor Emerging Markets ETF by 3.9% during the 4th quarter. SigFig Wealth Management LLC now owns 22,763 shares of the company’s stock worth $586,000 after buying an additional 862 shares in the last quarter. Captrust Financial Advisors grew its holdings in John Hancock Multifactor Emerging Markets ETF by 1.2% during the 4th quarter. Captrust Financial Advisors now owns 349,051 shares of the company’s stock worth $9,023,000 after acquiring an additional 4,083 shares during the last quarter. CoreCap Advisors LLC acquired a new stake in John Hancock Multifactor Emerging Markets ETF in the 4th quarter valued at about $272,000. Finally, Independent Advisor Alliance bought a new position in shares of John Hancock Multifactor Emerging Markets ETF in the fourth quarter worth about $472,000.

About John Hancock Multifactor Emerging Markets ETF

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.