John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM – Get Free Report) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 54,745 shares, a growth of 35.0% from the January 29th total of 40,564 shares. Based on an average trading volume of 30,031 shares, the short-interest ratio is presently 1.8 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 30,031 shares, the short-interest ratio is presently 1.8 days.
Institutional Investors Weigh In On John Hancock Multifactor Emerging Markets ETF
Several hedge funds have recently added to or reduced their stakes in JHEM. Assetmark Inc. purchased a new position in John Hancock Multifactor Emerging Markets ETF during the second quarter valued at approximately $26,000. AE Wealth Management LLC acquired a new stake in shares of John Hancock Multifactor Emerging Markets ETF during the 3rd quarter worth approximately $51,000. Stratos Wealth Partners LTD. purchased a new position in shares of John Hancock Multifactor Emerging Markets ETF during the 4th quarter valued at approximately $201,000. Ameriprise Financial Inc. purchased a new position in shares of John Hancock Multifactor Emerging Markets ETF during the 3rd quarter valued at approximately $228,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in shares of John Hancock Multifactor Emerging Markets ETF in the 4th quarter valued at $230,000.
John Hancock Multifactor Emerging Markets ETF Trading Up 1.2%
Shares of NYSEARCA:JHEM traded up $0.41 on Wednesday, hitting $35.69. 16,811 shares of the company were exchanged, compared to its average volume of 84,394. The stock’s 50 day moving average price is $35.12 and its 200 day moving average price is $33.02. John Hancock Multifactor Emerging Markets ETF has a 1-year low of $23.47 and a 1-year high of $37.85. The firm has a market capitalization of $699.52 million, a P/E ratio of 13.85 and a beta of 0.65.
John Hancock Multifactor Emerging Markets ETF Company 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.
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