John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM – Get Free Report) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 27,899 shares, a decrease of 54.3% from the February 26th total of 61,014 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 68,693 shares, the short-interest ratio is currently 0.4 days.
John Hancock Multifactor Emerging Markets ETF Trading Down 0.5%
Shares of JHEM traded down $0.18 during mid-day trading on Friday, hitting $33.42. The company’s stock had a trading volume of 16,924 shares, compared to its average volume of 113,856. John Hancock Multifactor Emerging Markets ETF has a 1-year low of $23.47 and a 1-year high of $37.85. The firm has a market capitalization of $655.03 million, a P/E ratio of 13.85 and a beta of 0.65. The firm has a 50-day simple moving average of $35.48 and a 200 day simple moving average of $33.57.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the business. AE Wealth Management LLC purchased a new stake in shares of John Hancock Multifactor Emerging Markets ETF during the 3rd quarter worth $51,000. Stratos Wealth Partners LTD. acquired a new position in shares of John Hancock Multifactor Emerging Markets ETF during the 4th quarter worth $201,000. Ameriprise Financial Inc. acquired a new position in shares of John Hancock Multifactor Emerging Markets ETF during the 3rd quarter worth $228,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of John Hancock Multifactor Emerging Markets ETF in the 4th quarter valued at about $230,000. Finally, Financially in Tune LLC purchased a new position in shares of John Hancock Multifactor Emerging Markets ETF in the 4th quarter valued at about $278,000.
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.
Further Reading
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