Simplicity Wealth LLC Has $5.43 Million Position in John Hancock Multifactor Emerging Markets ETF $JHEM

Simplicity Wealth LLC grew its stake in John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 27.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 158,586 shares of the company’s stock after acquiring an additional 34,585 shares during the period. Simplicity Wealth LLC’s holdings in John Hancock Multifactor Emerging Markets ETF were worth $5,433,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of JHEM. Jane Street Group LLC lifted its position in John Hancock Multifactor Emerging Markets ETF by 435.3% during the first quarter. Jane Street Group LLC now owns 302,931 shares of the company’s stock worth $8,076,000 after acquiring an additional 246,336 shares during the last quarter. Bank of America Corp DE grew its position in shares of John Hancock Multifactor Emerging Markets ETF by 18.6% in the second quarter. Bank of America Corp DE now owns 221,287 shares of the company’s stock valued at $6,459,000 after purchasing an additional 34,629 shares during the last quarter. Ameriprise Financial Inc. bought a new position in shares of John Hancock Multifactor Emerging Markets ETF during the third quarter worth approximately $228,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of John Hancock Multifactor Emerging Markets ETF by 2.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 23,179 shares of the company’s stock worth $734,000 after purchasing an additional 604 shares during the period. Finally, Susquehanna International Group LLP lifted its holdings in John Hancock Multifactor Emerging Markets ETF by 162.1% during the 3rd quarter. Susquehanna International Group LLP now owns 105,844 shares of the company’s stock worth $3,350,000 after purchasing an additional 65,458 shares during the last quarter.

John Hancock Multifactor Emerging Markets ETF Price Performance

JHEM traded up $0.17 during trading on Friday, hitting $39.61. The stock had a trading volume of 15,076 shares, compared to its average volume of 90,698. The company has a 50 day moving average price of $39.90 and a 200-day moving average price of $36.88. John Hancock Multifactor Emerging Markets ETF has a one year low of $28.97 and a one year high of $42.16. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 13.85 and a beta of 0.69.

John Hancock Multifactor Emerging Markets ETF 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.