John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Reaches New 1-Year High – Still a Buy?

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $82.55 and last traded at $82.3110, with a volume of 63067 shares changing hands. The stock had previously closed at $80.82.

John Hancock Multifactor Large Cap ETF Stock Performance

The company’s 50-day moving average price is $81.13 and its 200 day moving average price is $78.77. The stock has a market capitalization of $1.08 billion, a PE ratio of 23.08 and a beta of 0.99.

Institutional Trading of John Hancock Multifactor Large Cap ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. bought a new position in John Hancock Multifactor Large Cap ETF in the second quarter worth $407,000. Assetmark Inc. purchased a new stake in shares of John Hancock Multifactor Large Cap ETF in the 2nd quarter worth about $47,000. Osaic Holdings Inc. grew its position in shares of John Hancock Multifactor Large Cap ETF by 32.9% in the 2nd quarter. Osaic Holdings Inc. now owns 25,408 shares of the company’s stock worth $1,864,000 after buying an additional 6,285 shares during the period. ERn Financial LLC increased its stake in shares of John Hancock Multifactor Large Cap ETF by 31.6% in the 3rd quarter. ERn Financial LLC now owns 117,486 shares of the company’s stock worth $9,207,000 after acquiring an additional 28,218 shares in the last quarter. Finally, Gilbert & Cook Inc. bought a new position in shares of John Hancock Multifactor Large Cap ETF in the 2nd quarter worth about $207,000.

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.