Commonwealth Equity Services LLC Acquires New Stake in John Hancock Multifactor Developed International ETF $JHMD

Commonwealth Equity Services LLC bought a new position in shares of John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 260,694 shares of the company’s stock, valued at approximately $11,562,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JHMD. Evensky & Katz LLC bought a new position in shares of John Hancock Multifactor Developed International ETF in the 3rd quarter worth approximately $32,477,000. Simplicity Wealth LLC boosted its position in shares of John Hancock Multifactor Developed International ETF by 72.9% during the third quarter. Simplicity Wealth LLC now owns 625,257 shares of the company’s stock valued at $27,730,000 after purchasing an additional 263,585 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of John Hancock Multifactor Developed International ETF by 0.5% during the second quarter. Envestnet Asset Management Inc. now owns 563,783 shares of the company’s stock valued at $25,038,000 after purchasing an additional 2,615 shares in the last quarter. Magnus Financial Group LLC boosted its position in shares of John Hancock Multifactor Developed International ETF by 0.9% during the third quarter. Magnus Financial Group LLC now owns 338,287 shares of the company’s stock valued at $15,003,000 after purchasing an additional 3,009 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in John Hancock Multifactor Developed International ETF by 35.3% in the first quarter. Royal Bank of Canada now owns 200,313 shares of the company’s stock worth $8,487,000 after purchasing an additional 52,226 shares during the period.

John Hancock Multifactor Developed International ETF Stock Down 0.7%

Shares of JHMD stock opened at $44.67 on Friday. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 15.56 and a beta of 0.76. The business’s fifty day moving average is $44.78 and its 200 day moving average is $44.64. John Hancock Multifactor Developed International ETF has a twelve month low of $39.12 and a twelve month high of $46.80.

John Hancock Multifactor Developed International ETF Profile

The John Hancock Multifactor Developed International ETF (JHMD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from developed markets ex-US and Canada, covering 85% of the market capitalization. Holdings are weighted based on fundamental and technical factors JHMD was launched on Dec 15, 2016 and is managed by John Hancock.