John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Hits New 12-Month High – Time to Buy?

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) hit a new 52-week high on Thursday . The company traded as high as $85.04 and last traded at $85.00, with a volume of 14002 shares changing hands. The stock had previously closed at $84.31.

John Hancock Multifactor Large Cap ETF Trading Up 1.2%

The firm has a market capitalization of $1.11 billion, a P/E ratio of 23.08 and a beta of 0.98. The stock has a 50-day simple moving average of $81.08 and a two-hundred day simple moving average of $80.53.

Institutional Investors Weigh In On John Hancock Multifactor Large Cap ETF

Several large investors have recently modified their holdings of the business. Chilton Capital Management LLC raised its holdings in shares of John Hancock Multifactor Large Cap ETF by 1.5% in the 3rd quarter. Chilton Capital Management LLC now owns 11,485 shares of the company’s stock valued at $900,000 after purchasing an additional 171 shares in the last quarter. Capital Investment Advisory Services LLC raised its position in shares of John Hancock Multifactor Large Cap ETF by 0.3% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 62,274 shares of the company’s stock worth $4,880,000 after acquiring an additional 174 shares in the last quarter. HighTower Advisors LLC raised its position in shares of John Hancock Multifactor Large Cap ETF by 0.4% in the 4th quarter. HighTower Advisors LLC now owns 44,936 shares of the company’s stock worth $3,588,000 after acquiring an additional 183 shares in the last quarter. ORG Partners LLC raised its position in shares of John Hancock Multifactor Large Cap ETF by 2.6% in the 3rd quarter. ORG Partners LLC now owns 7,493 shares of the company’s stock worth $587,000 after acquiring an additional 188 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of John Hancock Multifactor Large Cap ETF in the 3rd quarter worth $26,000.

About John Hancock Multifactor Large Cap ETF

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.