John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Short Interest Update

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 5,574 shares, a decrease of 63.2% from the May 14th total of 15,167 shares. Based on an average daily trading volume, of 21,150 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in JHML. Raymond James Financial Inc. raised its position in shares of John Hancock Multifactor Large Cap ETF by 605.1% in the 2nd quarter. Raymond James Financial Inc. now owns 360,767 shares of the company’s stock worth $26,463,000 after buying an additional 309,599 shares during the period. Elevation Point Wealth Partners LLC raised its position in shares of John Hancock Multifactor Large Cap ETF by 173.9% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 164,836 shares of the company’s stock worth $12,902,000 after buying an additional 104,661 shares during the period. Vestmark Advisory Solutions Inc. purchased a new position in shares of John Hancock Multifactor Large Cap ETF in the 3rd quarter worth $4,216,000. Simplicity Wealth LLC raised its position in shares of John Hancock Multifactor Large Cap ETF by 31.0% in the 1st quarter. Simplicity Wealth LLC now owns 168,408 shares of the company’s stock worth $13,181,000 after buying an additional 39,828 shares during the period. Finally, PMG Wealth Management Inc. raised its position in shares of John Hancock Multifactor Large Cap ETF by 76.8% in the 1st quarter. PMG Wealth Management Inc. now owns 78,077 shares of the company’s stock worth $6,111,000 after buying an additional 33,904 shares during the period.

John Hancock Multifactor Large Cap ETF Trading Up 0.7%

Shares of John Hancock Multifactor Large Cap ETF stock traded up $0.58 during trading hours on Friday, reaching $88.51. 21,116 shares of the company’s stock were exchanged, compared to its average volume of 28,236. John Hancock Multifactor Large Cap ETF has a 52-week low of $70.84 and a 52-week high of $89.70. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 23.08 and a beta of 0.97. The company has a fifty day moving average of $85.58 and a 200-day moving average of $82.41.

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.