John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sees Unusually-High Trading Volume – Time to Buy?

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEMGet Free Report) shares saw unusually-high trading volume on Thursday . Approximately 95,416 shares were traded during trading, an increase of 305% from the previous session’s volume of 23,545 shares.The stock last traded at $26.59 and had previously closed at $26.62.

John Hancock Multifactor Emerging Markets ETF Price Performance

The stock has a market cap of $674.88 million, a P/E ratio of 11.25 and a beta of 0.87. The business’s 50 day simple moving average is $27.83 and its 200 day simple moving average is $27.22.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of JHEM. OLD Mission Capital LLC grew its holdings in John Hancock Multifactor Emerging Markets ETF by 35.0% during the 1st quarter. OLD Mission Capital LLC now owns 126,672 shares of the company’s stock worth $3,284,000 after acquiring an additional 32,848 shares during the period. Pallas Capital Advisors LLC grew its holdings in John Hancock Multifactor Emerging Markets ETF by 6.0% during the 2nd quarter. Pallas Capital Advisors LLC now owns 343,669 shares of the company’s stock worth $9,309,000 after acquiring an additional 19,391 shares during the period. Evensky & Katz LLC grew its holdings in John Hancock Multifactor Emerging Markets ETF by 1.4% during the 2nd quarter. Evensky & Katz LLC now owns 31,769 shares of the company’s stock worth $849,000 after acquiring an additional 438 shares during the period. Commonwealth Equity Services LLC grew its holdings in John Hancock Multifactor Emerging Markets ETF by 1.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 41,670 shares of the company’s stock worth $1,114,000 after acquiring an additional 733 shares during the period. Finally, Private Advisor Group LLC grew its holdings in John Hancock Multifactor Emerging Markets ETF by 22.2% during the 2nd quarter. Private Advisor Group LLC now owns 26,074 shares of the company’s stock worth $697,000 after acquiring an additional 4,736 shares during the period.

John Hancock Multifactor Emerging Markets ETF Company Profile

(Get Free Report)

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.

Further Reading

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