John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sets New 52-Week High – Time to Buy?

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) hit a new 52-week high on Thursday . The stock traded as high as $42.95 and last traded at $42.8850, with a volume of 14445 shares trading hands. The stock had previously closed at $42.69.

John Hancock Multifactor Developed International ETF Stock Up 0.5%

The business’s 50-day moving average price is $41.46 and its 200 day moving average price is $40.20. The company has a market capitalization of $1.11 billion, a P/E ratio of 14.46 and a beta of 0.81.

Institutional Trading of John Hancock Multifactor Developed International ETF

Large investors have recently modified their holdings of the business. Jane Street Group LLC raised its stake in John Hancock Multifactor Developed International ETF by 49.2% in the first quarter. Jane Street Group LLC now owns 144,236 shares of the company’s stock valued at $5,041,000 after purchasing an additional 47,538 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of John Hancock Multifactor Developed International ETF by 449.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 96,092 shares of the company’s stock worth $3,684,000 after buying an additional 78,612 shares during the last quarter. Magnus Financial Group LLC raised its position in shares of John Hancock Multifactor Developed International ETF by 1.1% during the 2nd quarter. Magnus Financial Group LLC now owns 320,286 shares of the company’s stock valued at $12,257,000 after buying an additional 3,537 shares in the last quarter. ORG Partners LLC bought a new stake in shares of John Hancock Multifactor Developed International ETF during the 2nd quarter worth $293,000. Finally, Institute for Wealth Management LLC. lifted its holdings in shares of John Hancock Multifactor Developed International ETF by 1.6% during the 2nd quarter. Institute for Wealth Management LLC. now owns 22,668 shares of the company’s stock worth $868,000 after acquiring an additional 365 shares during the last quarter.

About John Hancock Multifactor Developed International ETF

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.