John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sees Strong Trading Volume – What’s Next?

Shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) saw strong trading volume on Wednesday . 183,767 shares traded hands during trading, an increase of 217% from the previous session’s volume of 58,040 shares.The stock last traded at $27.36 and had previously closed at $27.39.

John Hancock Multifactor Emerging Markets ETF Stock Down 0.9 %

The company has a market cap of $600.24 million, a P/E ratio of 13.54 and a beta of 0.72. The business has a 50-day moving average price of $26.44 and a two-hundred day moving average price of $26.97.

Institutional Investors Weigh In On John Hancock Multifactor Emerging Markets ETF

Several institutional investors have recently modified their holdings of JHEM. CoreCap Advisors LLC bought a new position in shares of John Hancock Multifactor Emerging Markets ETF in the 4th quarter worth $272,000. Captrust Financial Advisors lifted its stake in John Hancock Multifactor Emerging Markets ETF by 1.2% in the fourth quarter. Captrust Financial Advisors now owns 349,051 shares of the company’s stock valued at $9,023,000 after buying an additional 4,083 shares during the period. Citadel Advisors LLC boosted its holdings in John Hancock Multifactor Emerging Markets ETF by 165.0% during the fourth quarter. Citadel Advisors LLC now owns 199,430 shares of the company’s stock worth $5,155,000 after buying an additional 124,171 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in shares of John Hancock Multifactor Emerging Markets ETF by 2.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 16,667 shares of the company’s stock worth $431,000 after buying an additional 393 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of John Hancock Multifactor Emerging Markets ETF in the 4th quarter valued at about $652,000.

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.