John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sets New 12-Month High – What’s Next?

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML)’s stock price reached a new 52-week high on Friday . The company traded as high as $87.79 and last traded at $87.79, with a volume of 558 shares. The stock had previously closed at $87.22.

John Hancock Multifactor Large Cap ETF Stock Up 0.8%

The stock’s 50-day simple moving average is $82.44 and its two-hundred day simple moving average is $81.32. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of 23.08 and a beta of 0.97.

Hedge Funds Weigh In On John Hancock Multifactor Large Cap ETF

A number of large investors have recently added to or reduced their stakes in JHML. Advisory Services Network LLC acquired a new position in John Hancock Multifactor Large Cap ETF during the third quarter worth $26,000. Flagship Harbor Advisors LLC acquired a new position in John Hancock Multifactor Large Cap ETF during the fourth quarter worth $27,000. REAP Financial Group LLC acquired a new position in John Hancock Multifactor Large Cap ETF during the fourth quarter worth $36,000. Pittenger & Anderson Inc. acquired a new position in John Hancock Multifactor Large Cap ETF during the first quarter worth $45,000. Finally, Trust Co. of Vermont acquired a new position in John Hancock Multifactor Large Cap ETF during the fourth quarter worth $62,000.

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.