John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sets New 1-Year High – What’s Next?

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) reached a new 52-week high during trading on Wednesday . The company traded as high as $71.36 and last traded at $71.12, with a volume of 1911 shares. The stock had previously closed at $69.67.

John Hancock Multifactor Large Cap ETF Stock Up 0.4 %

The stock has a market capitalization of $979.04 million, a P/E ratio of 22.60 and a beta of 0.96. The firm has a fifty day moving average price of $69.05 and a two-hundred day moving average price of $66.43.

Hedge Funds Weigh In On John Hancock Multifactor Large Cap ETF

Hedge funds have recently added to or reduced their stakes in the company. Assetmark Inc. bought a new stake in shares of John Hancock Multifactor Large Cap ETF in the 3rd quarter worth $48,000. Bank & Trust Co bought a new stake in John Hancock Multifactor Large Cap ETF in the 2nd quarter worth about $92,000. Coastline Trust Co purchased a new position in John Hancock Multifactor Large Cap ETF in the 3rd quarter worth about $153,000. First Horizon Advisors Inc. bought a new position in John Hancock Multifactor Large Cap ETF during the 3rd quarter valued at about $203,000. Finally, James J. Burns & Company LLC purchased a new stake in shares of John Hancock Multifactor Large Cap ETF during the 2nd quarter valued at about $399,000.

About John Hancock Multifactor Large Cap ETF

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.