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

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) shares saw unusually-high trading volume on Friday . Approximately 38,926 shares were traded during trading, an increase of 82% from the previous session’s volume of 21,381 shares.The stock last traded at $25.27 and had previously closed at $25.70.

John Hancock Multifactor Emerging Markets ETF Stock Performance

The company has a market cap of $642.11 million, a price-to-earnings ratio of 11.25 and a beta of 0.87. The firm’s 50-day moving average price is $26.69 and its 200 day moving average price is $27.13.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. TNF LLC increased its stake in John Hancock Multifactor Emerging Markets ETF by 5.3% in the third quarter. TNF LLC now owns 9,436 shares of the company’s stock valued at $263,000 after purchasing an additional 471 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of John Hancock Multifactor Emerging Markets ETF by 1.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 41,670 shares of the company’s stock valued at $1,114,000 after buying an additional 733 shares in the last quarter. SigFig Wealth Management LLC raised its stake in John Hancock Multifactor Emerging Markets ETF by 6.9% during the 2nd quarter. SigFig Wealth Management LLC now owns 20,232 shares of the company’s stock worth $541,000 after buying an additional 1,303 shares during the period. Private Advisor Group LLC lifted its holdings in John Hancock Multifactor Emerging Markets ETF by 22.2% during the second 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 in the last quarter. Finally, Pallas Capital Advisors LLC grew its stake in John Hancock Multifactor Emerging Markets ETF by 4.9% in the third quarter. Pallas Capital Advisors LLC now owns 360,574 shares of the company’s stock valued at $10,053,000 after acquiring an additional 16,905 shares during the period.

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.