The Manufacturers Life Insurance Company Buys 2,508,488 Shares of John Hancock Multifactor Emerging Markets ETF $JHEM

The Manufacturers Life Insurance Company increased its stake in shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 13.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,548,669 shares of the company’s stock after purchasing an additional 2,508,488 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 0.83% of John Hancock Multifactor Emerging Markets ETF worth $867,192,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ameriprise Financial Inc. acquired a new stake in John Hancock Multifactor Emerging Markets ETF in the third quarter valued at approximately $228,000. Envestnet Portfolio Solutions Inc. acquired a new position in shares of John Hancock Multifactor Emerging Markets ETF during the fourth quarter worth $230,000. Financially in Tune LLC bought a new position in shares of John Hancock Multifactor Emerging Markets ETF in the 4th quarter valued at $278,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 2.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 23,179 shares of the company’s stock valued at $734,000 after acquiring an additional 604 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 135.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 31,995 shares of the company’s stock valued at $1,053,000 after acquiring an additional 18,401 shares in the last quarter.

John Hancock Multifactor Emerging Markets ETF Stock Down 2.0%

Shares of JHEM stock opened at $40.10 on Friday. John Hancock Multifactor Emerging Markets ETF has a twelve month low of $30.85 and a twelve month high of $42.16. The stock’s fifty day simple moving average is $39.27 and its 200 day simple moving average is $38.30. The firm has a market capitalization of $1.04 billion, a P/E ratio of 13.85 and a beta of 0.71.

John Hancock Multifactor Emerging Markets ETF Announces Dividend

The company also recently disclosed a semiannual dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 26th were paid a $0.2027 dividend. The ex-dividend date of this dividend was Friday, June 26th. This represents a dividend yield of 102.0%.

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.