PMG Wealth Management Inc. Has $6.11 Million Stock Position in John Hancock Multifactor Large Cap ETF $JHML

PMG Wealth Management Inc. grew its stake in shares of John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) by 76.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,077 shares of the company’s stock after buying an additional 33,904 shares during the period. John Hancock Multifactor Large Cap ETF accounts for about 4.4% of PMG Wealth Management Inc.’s investment portfolio, making the stock its 10th largest position. PMG Wealth Management Inc.’s holdings in John Hancock Multifactor Large Cap ETF were worth $6,111,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of JHML. Advisory Services Network LLC purchased a new position in John Hancock Multifactor Large Cap ETF during the third quarter valued at $26,000. Flagship Harbor Advisors LLC purchased a new stake in John Hancock Multifactor Large Cap ETF in the 4th quarter worth $27,000. REAP Financial Group LLC purchased a new stake in John Hancock Multifactor Large Cap ETF in the 4th quarter worth $36,000. Trust Co. of Vermont bought a new position in shares of John Hancock Multifactor Large Cap ETF during the 4th quarter valued at about $62,000. Finally, Smartleaf Asset Management LLC bought a new position in shares of John Hancock Multifactor Large Cap ETF during the 2nd quarter valued at about $75,000.

John Hancock Multifactor Large Cap ETF Stock Down 1.2%

Shares of John Hancock Multifactor Large Cap ETF stock opened at $87.99 on Wednesday. John Hancock Multifactor Large Cap ETF has a twelve month low of $72.17 and a twelve month high of $90.02. The business has a 50-day moving average price of $86.82 and a 200-day moving average price of $82.89. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 23.08 and a beta of 0.97.

John Hancock Multifactor Large Cap ETF Profile

The John Hancock Multifactor Large Cap ETF (JHML) is an exchange-traded fund that is based on the John Hancock Dimensional Large Cap index. The fund tracks an index of largest 800 US firms, weighted by multiple factors relative to their sector peers. JHML was launched on Sep 28, 2015 and is managed by John Hancock.