John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sees Large Volume Increase – Should You Buy?

Shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) saw an uptick in trading volume on Monday . 28,098 shares were traded during trading, an increase of 25% from the previous session’s volume of 22,479 shares.The stock last traded at $25.75 and had previously closed at $25.96.

John Hancock Multifactor Emerging Markets ETF Trading Up 0.5 %

The firm has a market capitalization of $656.59 million, a P/E ratio of 11.25 and a beta of 0.87. The business’s fifty day moving average is $27.01 and its 200 day moving average is $27.21.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Jane Street Group LLC raised its holdings in John Hancock Multifactor Emerging Markets ETF by 240.9% during the 3rd quarter. Jane Street Group LLC now owns 126,217 shares of the company’s stock worth $3,610,000 after buying an additional 89,194 shares during the period. Envestnet Asset Management Inc. increased its position in shares of John Hancock Multifactor Emerging Markets ETF by 10.2% in the second quarter. Envestnet Asset Management Inc. now owns 385,015 shares of the company’s stock worth $10,291,000 after acquiring an additional 35,645 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 10.2% during the third quarter. Captrust Financial Advisors now owns 344,968 shares of the company’s stock valued at $9,866,000 after acquiring an additional 31,989 shares during the period. JPMorgan Chase & Co. acquired a new position in John Hancock Multifactor Emerging Markets ETF in the 3rd quarter worth approximately $726,000. Finally, Pallas Capital Advisors LLC boosted its stake in John Hancock Multifactor Emerging Markets ETF by 4.9% in the 3rd quarter. Pallas Capital Advisors LLC now owns 360,574 shares of the company’s stock worth $10,053,000 after purchasing an additional 16,905 shares during the period.

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.