John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Short Interest Down 79.9% in June

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 4,660 shares, a decrease of 79.9% from the May 31st total of 23,156 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 51,094 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in JHEM. The Manufacturers Life Insurance Company increased its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 18.3% during the first quarter. The Manufacturers Life Insurance Company now owns 19,040,181 shares of the company’s stock valued at $652,279,000 after acquiring an additional 2,947,062 shares in the last quarter. Pallas Capital Advisors LLC grew its position in John Hancock Multifactor Emerging Markets ETF by 5.8% in the 4th quarter. Pallas Capital Advisors LLC now owns 632,251 shares of the company’s stock valued at $20,801,000 after purchasing an additional 34,627 shares during the period. LPL Financial LLC grew its position in John Hancock Multifactor Emerging Markets ETF by 2,155.4% in the 4th quarter. LPL Financial LLC now owns 527,802 shares of the company’s stock valued at $17,365,000 after purchasing an additional 504,400 shares during the period. Jane Street Group LLC increased its stake in John Hancock Multifactor Emerging Markets ETF by 435.3% during the 1st quarter. Jane Street Group LLC now owns 302,931 shares of the company’s stock valued at $8,076,000 after purchasing an additional 246,336 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in John Hancock Multifactor Emerging Markets ETF by 36.1% during the first quarter. Bank of America Corp DE now owns 302,848 shares of the company’s stock worth $10,375,000 after buying an additional 80,299 shares during the last quarter.

John Hancock Multifactor Emerging Markets ETF Stock Up 0.3%

JHEM traded up $0.10 during midday trading on Monday, hitting $39.66. The company had a trading volume of 11,929 shares, compared to its average volume of 95,541. The stock’s 50 day moving average price is $39.53 and its 200 day moving average price is $36.43. John Hancock Multifactor Emerging Markets ETF has a 52 week low of $28.97 and a 52 week high of $42.16. The company has a market capitalization of $1.00 billion, a price-to-earnings ratio of 13.85 and a beta of 0.69.

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.