John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Reaches New 12-Month High – Should You Buy?

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) shares reached a new 52-week high on Monday . The stock traded as high as $42.27 and last traded at $41.5660, with a volume of 28806 shares trading hands. The stock had previously closed at $42.20.

John Hancock Multifactor Developed International ETF Trading Down 1.9%

The business has a 50-day moving average price of $40.82 and a 200 day moving average price of $39.69. The stock has a market capitalization of $841.94 million, a P/E ratio of 14.46 and a beta of 0.81.

Hedge Funds Weigh In On John Hancock Multifactor Developed International ETF

A number of large investors have recently bought and sold shares of the business. CWM LLC lifted its position in shares of John Hancock Multifactor Developed International ETF by 2.5% during the second quarter. CWM LLC now owns 11,662 shares of the company’s stock worth $446,000 after purchasing an additional 289 shares during the last quarter. Institute for Wealth Management LLC. lifted its holdings in John Hancock Multifactor Developed International ETF by 1.6% during the 2nd quarter. Institute for Wealth Management LLC. now owns 22,668 shares of the company’s stock valued at $868,000 after buying an additional 365 shares in the last quarter. Capital Advisors Ltd. LLC boosted its position in John Hancock Multifactor Developed International ETF by 3.2% in the 3rd quarter. Capital Advisors Ltd. LLC now owns 16,960 shares of the company’s stock valued at $678,000 after buying an additional 525 shares during the period. Balboa Wealth Partners grew its stake in John Hancock Multifactor Developed International ETF by 12.1% in the 3rd quarter. Balboa Wealth Partners now owns 7,159 shares of the company’s stock worth $286,000 after acquiring an additional 770 shares in the last quarter. Finally, Allworth Financial LP bought a new position in John Hancock Multifactor Developed International ETF in the 3rd quarter worth about $39,000.

John Hancock Multifactor Developed International ETF Company Profile

The John Hancock Multifactor Developed International ETF (JHMD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from developed markets ex-US and Canada, covering 85% of the market capitalization. Holdings are weighted based on fundamental and technical factors JHMD was launched on Dec 15, 2016 and is managed by John Hancock.