John Hancock Multifactor Emerging Markets ETF $JHEM Shares Purchased by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC grew its holdings in shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 3.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 597,624 shares of the company’s stock after purchasing an additional 22,151 shares during the quarter. John Hancock Multifactor Emerging Markets ETF makes up about 0.7% of Pallas Capital Advisors LLC’s portfolio, making the stock its 29th biggest holding. Pallas Capital Advisors LLC’s holdings in John Hancock Multifactor Emerging Markets ETF were worth $18,918,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Assetmark Inc. purchased a new position in shares of John Hancock Multifactor Emerging Markets ETF in the second quarter worth about $26,000. AE Wealth Management LLC acquired a new stake in John Hancock Multifactor Emerging Markets ETF in the 3rd quarter valued at about $51,000. Northwestern Mutual Wealth Management Co. raised its holdings in John Hancock Multifactor Emerging Markets ETF by 20.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 22,575 shares of the company’s stock valued at $659,000 after acquiring an additional 3,815 shares during the last quarter. CoreCap Advisors LLC lifted its stake in John Hancock Multifactor Emerging Markets ETF by 15.7% in the 3rd quarter. CoreCap Advisors LLC now owns 47,172 shares of the company’s stock worth $1,493,000 after purchasing an additional 6,392 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its stake in John Hancock Multifactor Emerging Markets ETF by 14.1% in the 2nd quarter. Osaic Holdings Inc. now owns 65,917 shares of the company’s stock worth $1,924,000 after purchasing an additional 8,130 shares in the last quarter.

John Hancock Multifactor Emerging Markets ETF Price Performance

JHEM stock opened at $36.36 on Monday. John Hancock Multifactor Emerging Markets ETF has a 1 year low of $23.47 and a 1 year high of $36.80. The firm has a market capitalization of $712.66 million, a PE ratio of 13.85 and a beta of 0.65. The business has a 50 day simple moving average of $34.10 and a 200-day simple moving average of $32.42.

John Hancock Multifactor Emerging Markets ETF 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.