John Hancock Multifactor Emerging Markets ETF $JHEM Shares Sold by Simplicity Wealth LLC

Simplicity Wealth LLC lessened its stake in John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 27.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 86,943 shares of the company’s stock after selling 32,223 shares during the period. Simplicity Wealth LLC owned 0.45% of John Hancock Multifactor Emerging Markets ETF worth $2,752,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JHEM. Jane Street Group LLC boosted its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 435.3% in the first quarter. Jane Street Group LLC now owns 302,931 shares of the company’s stock valued at $8,076,000 after acquiring an additional 246,336 shares in the last quarter. ORG Partners LLC acquired a new stake in John Hancock Multifactor Emerging Markets ETF in the second quarter worth approximately $118,000. Brueske Advisory Services LLC increased its position in shares of John Hancock Multifactor Emerging Markets ETF by 19.3% during the 2nd quarter. Brueske Advisory Services LLC now owns 493,558 shares of the company’s stock valued at $14,407,000 after purchasing an additional 79,947 shares during the period. IFP Advisors Inc increased its position in shares of John Hancock Multifactor Emerging Markets ETF by 3.4% during the 2nd quarter. IFP Advisors Inc now owns 25,355 shares of the company’s stock valued at $740,000 after purchasing an additional 829 shares during the period. Finally, Assetmark Inc. bought a new stake in shares of John Hancock Multifactor Emerging Markets ETF in the 2nd quarter worth $26,000.

John Hancock Multifactor Emerging Markets ETF Stock Up 0.6%

Shares of JHEM stock opened at $34.75 on Friday. The stock has a 50-day simple moving average of $33.07 and a 200 day simple moving average of $31.70. The stock has a market capitalization of $684.58 million, a P/E ratio of 13.85 and a beta of 0.65. John Hancock Multifactor Emerging Markets ETF has a fifty-two week low of $23.47 and a fifty-two week high of $34.90.

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.