Institute for Wealth Management LLC. Raises Holdings in John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD)

Institute for Wealth Management LLC. grew its holdings in John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) by 4.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 22,240 shares of the company’s stock after buying an additional 915 shares during the quarter. Institute for Wealth Management LLC.’s holdings in John Hancock Multifactor Developed International ETF were worth $713,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of JHMD. First Horizon Advisors Inc. bought a new position in John Hancock Multifactor Developed International ETF during the 3rd quarter valued at approximately $120,000. OneDigital Investment Advisors LLC bought a new position in John Hancock Multifactor Developed International ETF during the 3rd quarter valued at approximately $209,000. Zacks Investment Management bought a new position in John Hancock Multifactor Developed International ETF during the 3rd quarter valued at approximately $210,000. TNF LLC increased its position in John Hancock Multifactor Developed International ETF by 9.5% during the 3rd quarter. TNF LLC now owns 15,021 shares of the company’s stock valued at $509,000 after buying an additional 1,307 shares in the last quarter. Finally, Northwest Financial Advisors increased its position in John Hancock Multifactor Developed International ETF by 42.0% during the 4th quarter. Northwest Financial Advisors now owns 28,342 shares of the company’s stock valued at $909,000 after buying an additional 8,382 shares in the last quarter.

John Hancock Multifactor Developed International ETF Stock Down 0.7 %

JHMD stock opened at $33.51 on Friday. John Hancock Multifactor Developed International ETF has a twelve month low of $31.18 and a twelve month high of $35.94. The firm has a market cap of $703.71 million, a PE ratio of 13.74 and a beta of 0.80. The business has a 50 day moving average of $32.86 and a 200 day moving average of $33.69.

John Hancock Multifactor Developed International ETF Profile

The John Hancock Multifactor Developed International ETF (JHMD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from developed markets ex-US and Canada, covering 85% of the market capitalization. Holdings are weighted based on fundamental and technical factors JHMD was launched on Dec 15, 2016 and is managed by John Hancock.