John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Hits New 1-Year High – Here’s Why

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $86.00 and last traded at $85.81, with a volume of 12847 shares. The stock had previously closed at $85.06.

John Hancock Multifactor Large Cap ETF Trading Down 0.7%

The company’s fifty day simple moving average is $81.40 and its 200 day simple moving average is $80.79. The stock has a market capitalization of $1.12 billion, a P/E ratio of 23.08 and a beta of 0.97.

Institutional Investors Weigh In On John Hancock Multifactor Large Cap ETF

Several large investors have recently added to or reduced their stakes in JHML. Advisory Services Network LLC purchased a new position in John Hancock Multifactor Large Cap ETF during the third quarter worth about $26,000. Flagship Harbor Advisors LLC purchased a new stake in shares of John Hancock Multifactor Large Cap ETF in the 4th quarter valued at about $27,000. REAP Financial Group LLC bought a new stake in shares of John Hancock Multifactor Large Cap ETF during the 4th quarter valued at about $36,000. Pittenger & Anderson Inc. bought a new stake in shares of John Hancock Multifactor Large Cap ETF during the 1st quarter valued at about $45,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of John Hancock Multifactor Large Cap ETF by 340.2% during the third quarter. Farther Finance Advisors LLC now owns 788 shares of the company’s stock worth $62,000 after purchasing an additional 609 shares in the last quarter.

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.