NewEdge Wealth LLC Purchases New Stake in John Hancock Multifactor Emerging Markets ETF $JHEM

NewEdge Wealth LLC purchased a new stake in John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 70,403 shares of the company’s stock, valued at approximately $2,412,000.

Several other institutional investors have also bought and sold shares of JHEM. Jane Street Group LLC grew its holdings in John Hancock Multifactor Emerging Markets ETF by 435.3% during the first quarter. Jane Street Group LLC now owns 302,931 shares of the company’s stock worth $8,076,000 after buying an additional 246,336 shares in the last quarter. Bank of America Corp DE lifted its stake in John Hancock Multifactor Emerging Markets ETF by 18.6% during the 2nd quarter. Bank of America Corp DE now owns 221,287 shares of the company’s stock valued at $6,459,000 after acquiring an additional 34,629 shares in the last quarter. Ameriprise Financial Inc. bought a new position in John Hancock Multifactor Emerging Markets ETF during the 3rd quarter valued at $228,000. Northwestern Mutual Wealth Management Co. boosted its holdings in John Hancock Multifactor Emerging Markets ETF by 2.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 23,179 shares of the company’s stock worth $734,000 after acquiring an additional 604 shares during the last quarter. Finally, Susquehanna International Group LLP boosted its holdings in John Hancock Multifactor Emerging Markets ETF by 162.1% during the 3rd quarter. Susquehanna International Group LLP now owns 105,844 shares of the company’s stock worth $3,350,000 after acquiring an additional 65,458 shares during the last quarter.

John Hancock Multifactor Emerging Markets ETF Price Performance

NYSEARCA JHEM opened at $37.85 on Friday. The company has a fifty day moving average price of $39.70 and a 200-day moving average price of $37.26. The firm has a market cap of $976.53 million, a price-to-earnings ratio of 13.85 and a beta of 0.69. John Hancock Multifactor Emerging Markets ETF has a 1 year low of $28.97 and a 1 year high of $42.16.

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.