John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Hits New 52-Week High – Here’s What Happened

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM)’s stock price reached a new 52-week high on Friday . The company traded as high as $36.90 and last traded at $36.9750, with a volume of 21700 shares changing hands. The stock had previously closed at $36.44.

John Hancock Multifactor Emerging Markets ETF Price Performance

The firm has a market capitalization of $727.85 million, a PE ratio of 13.85 and a beta of 0.65. The stock has a 50-day moving average price of $34.39 and a 200-day moving average price of $32.58.

Hedge Funds Weigh In On John Hancock Multifactor Emerging Markets ETF

A number of institutional investors have recently made changes to their positions in the business. Assetmark Inc. purchased a new position in shares of John Hancock Multifactor Emerging Markets ETF during the 2nd quarter valued at approximately $26,000. AE Wealth Management LLC acquired a new stake in John Hancock Multifactor Emerging Markets ETF in the third quarter valued at $51,000. Stratos Wealth Partners LTD. acquired a new stake in John Hancock Multifactor Emerging Markets ETF in the fourth quarter valued at $201,000. Ameriprise Financial Inc. bought a new position in John Hancock Multifactor Emerging Markets ETF during the 3rd quarter valued at $228,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in John Hancock Multifactor Emerging Markets ETF during the 4th quarter worth $230,000.

John Hancock Multifactor Emerging Markets ETF Company 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.