Parsons Capital Management Inc. RI Increases Stock Holdings in John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML)

Parsons Capital Management Inc. RI lifted its stake in shares of John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) by 0.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 43,197 shares of the company’s stock after buying an additional 229 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in John Hancock Multifactor Large Cap ETF were worth $2,808,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Sunbelt Securities Inc. purchased a new stake in John Hancock Multifactor Large Cap ETF in the 1st quarter valued at approximately $47,000. CWM LLC acquired a new stake in shares of John Hancock Multifactor Large Cap ETF in the 4th quarter valued at approximately $68,000. Tidemark LLC purchased a new stake in shares of John Hancock Multifactor Large Cap ETF in the fourth quarter valued at approximately $78,000. Bank & Trust Co acquired a new position in John Hancock Multifactor Large Cap ETF during the second quarter worth $92,000. Finally, James J. Burns & Company LLC purchased a new position in John Hancock Multifactor Large Cap ETF in the second quarter worth $399,000.

John Hancock Multifactor Large Cap ETF Price Performance

Shares of NYSEARCA JHML traded up $0.50 during trading on Monday, hitting $67.15. 14,182 shares of the company were exchanged, compared to its average volume of 31,494. John Hancock Multifactor Large Cap ETF has a 1 year low of $50.56 and a 1 year high of $67.74. The company has a market cap of $909.82 million, a price-to-earnings ratio of 22.60 and a beta of 0.96. The firm’s fifty day moving average price is $65.50 and its 200 day moving average price is $63.89.

John Hancock Multifactor Large Cap ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Investors of record on Wednesday, June 26th were issued a dividend of $0.3366 per share. The ex-dividend date was Wednesday, June 26th.

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.