IFP Advisors Inc Raises Position in John Hancock Multifactor Emerging Markets ETF $JHEM

IFP Advisors Inc raised its stake in shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 3.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,355 shares of the company’s stock after purchasing an additional 829 shares during the period. IFP Advisors Inc owned 0.12% of John Hancock Multifactor Emerging Markets ETF worth $740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Pallas Capital Advisors LLC raised its position in John Hancock Multifactor Emerging Markets ETF by 54.1% during the second quarter. Pallas Capital Advisors LLC now owns 575,473 shares of the company’s stock valued at $16,798,000 after purchasing an additional 202,028 shares during the period. Brueske Advisory Services LLC raised its position in John Hancock Multifactor Emerging Markets ETF by 19.3% during the second quarter. Brueske Advisory Services LLC now owns 493,558 shares of the company’s stock valued at $14,407,000 after purchasing an additional 79,947 shares during the period. Jane Street Group LLC raised its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 435.3% in the first quarter. Jane Street Group LLC now owns 302,931 shares of the company’s stock worth $8,076,000 after buying an additional 246,336 shares during the period. Simplicity Wealth LLC raised its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 262.4% in the second quarter. Simplicity Wealth LLC now owns 119,166 shares of the company’s stock worth $3,478,000 after buying an additional 86,284 shares during the period. Finally, OLD Mission Capital LLC raised its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 39.2% in the first quarter. OLD Mission Capital LLC now owns 87,242 shares of the company’s stock worth $2,326,000 after buying an additional 24,552 shares during the period.

John Hancock Multifactor Emerging Markets ETF Stock Performance

Shares of NYSEARCA JHEM opened at $31.69 on Tuesday. The business’s 50 day moving average price is $30.80 and its 200-day moving average price is $28.90. John Hancock Multifactor Emerging Markets ETF has a fifty-two week low of $23.47 and a fifty-two week high of $32.24. The company has a market cap of $640.14 million, a price-to-earnings ratio of 13.85 and a beta of 0.76.

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.