John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sees Unusually-High Trading Volume – Here’s What Happened

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) saw unusually-high trading volume on Monday . 92,075 shares traded hands during mid-day trading, an increase of 7% from the previous session’s volume of 86,263 shares.The stock last traded at $39.53 and had previously closed at $40.67.

John Hancock Multifactor Emerging Markets ETF Trading Down 2.1%

The business’s 50 day moving average is $39.31 and its 200 day moving average is $38.33. The stock has a market capitalization of $1.03 billion, a PE ratio of 13.85 and a beta of 0.71.

John Hancock Multifactor Emerging Markets ETF Announces Dividend

The company also recently disclosed a semiannual dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 26th were paid a $0.2027 dividend. The ex-dividend date of this dividend was Friday, June 26th. This represents a yield of 102.0%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of JHEM. The Manufacturers Life Insurance Company raised its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 13.2% in the second quarter. The Manufacturers Life Insurance Company now owns 21,548,669 shares of the company’s stock worth $867,192,000 after buying an additional 2,508,488 shares during the period. Citadel Advisors LLC boosted its holdings in John Hancock Multifactor Emerging Markets ETF by 311.2% during the 2nd quarter. Citadel Advisors LLC now owns 31,234 shares of the company’s stock valued at $1,257,000 after acquiring an additional 23,639 shares during the period. Bank of America Corp DE grew its position in John Hancock Multifactor Emerging Markets ETF by 36.1% in the 1st quarter. Bank of America Corp DE now owns 302,848 shares of the company’s stock valued at $10,375,000 after acquiring an additional 80,299 shares during the last quarter. NewEdge Wealth LLC bought a new position in John Hancock Multifactor Emerging Markets ETF in the 1st quarter valued at $2,412,000. Finally, Simplicity Wealth LLC increased its stake in John Hancock Multifactor Emerging Markets ETF by 27.9% in the first quarter. Simplicity Wealth LLC now owns 158,586 shares of the company’s stock worth $5,433,000 after purchasing an additional 34,585 shares during the period.

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.