John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Reaches New 1-Year High – Here’s What Happened

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $36.90 and last traded at $36.9750, with a volume of 21700 shares trading hands. The stock had previously closed at $36.44.

John Hancock Multifactor Emerging Markets ETF Trading Up 1.9%

The firm has a 50-day simple moving average of $34.49 and a two-hundred day simple moving average of $32.65. The company has a market capitalization of $727.94 million, a price-to-earnings ratio of 13.85 and a beta of 0.65.

Institutional Trading of John Hancock Multifactor Emerging Markets ETF

Institutional investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers grew its position in John Hancock Multifactor Emerging Markets ETF by 432.3% in the fourth quarter. Cetera Investment Advisers now owns 35,318 shares of the company’s stock worth $1,162,000 after acquiring an additional 28,683 shares in the last quarter. Focus Partners Wealth bought a new stake in John Hancock Multifactor Emerging Markets ETF in the fourth quarter worth $1,709,000. Wells Fargo & Company MN increased its position in John Hancock Multifactor Emerging Markets ETF by 31.5% during the fourth quarter. Wells Fargo & Company MN now owns 34,737 shares of the company’s stock worth $1,143,000 after buying an additional 8,328 shares during the last quarter. LPL Financial LLC raised its holdings in John Hancock Multifactor Emerging Markets ETF by 2,155.4% during the fourth quarter. LPL Financial LLC now owns 527,802 shares of the company’s stock valued at $17,365,000 after buying an additional 504,400 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. bought a new position in John Hancock Multifactor Emerging Markets ETF during the fourth quarter valued at about $230,000.

About John Hancock Multifactor Emerging Markets ETF

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.