The Manufacturers Life Insurance Company increased its position in shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM – Free Report) by 18.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,040,181 shares of the company’s stock after purchasing an additional 2,947,062 shares during the period. The Manufacturers Life Insurance Company owned 75.26% of John Hancock Multifactor Emerging Markets ETF worth $652,279,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the company. Stratos Wealth Partners LTD. acquired a new position in John Hancock Multifactor Emerging Markets ETF in the 4th quarter valued at about $201,000. Ameriprise Financial Inc. acquired a new stake in shares of John Hancock Multifactor Emerging Markets ETF during the 3rd quarter worth approximately $228,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of John Hancock Multifactor Emerging Markets ETF during the 4th quarter worth approximately $230,000. Financially in Tune LLC purchased a new stake in shares of John Hancock Multifactor Emerging Markets ETF during the 4th quarter valued at approximately $278,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of John Hancock Multifactor Emerging Markets ETF by 2.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 23,179 shares of the company’s stock valued at $734,000 after buying an additional 604 shares during the period.
John Hancock Multifactor Emerging Markets ETF Stock Performance
JHEM opened at $38.12 on Tuesday. John Hancock Multifactor Emerging Markets ETF has a one year low of $28.97 and a one year high of $42.16. The stock has a market capitalization of $983.50 million, a PE ratio of 13.85 and a beta of 0.69. The business’s 50 day moving average price is $39.69 and its 200 day moving average price is $37.31.
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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