John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Strong Trading Volume – Still a Buy?

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) saw strong trading volume on Tuesday . 229,690 shares traded hands during trading, an increase of 723% from the previous session’s volume of 27,908 shares.The stock last traded at $89.80 and had previously closed at $89.72.

John Hancock Multifactor Large Cap ETF Trading Up 0.1%

The stock has a market capitalization of $1.17 billion, a PE ratio of 23.08 and a beta of 0.97. The firm has a 50-day moving average price of $85.80 and a 200-day moving average price of $82.51.

Institutional Investors Weigh In On John Hancock Multifactor Large Cap ETF

Hedge funds have recently modified their holdings of the stock. Advisory Services Network LLC bought a new stake in shares of John Hancock Multifactor Large Cap ETF in the 3rd quarter worth approximately $26,000. Flagship Harbor Advisors LLC bought a new stake in shares of John Hancock Multifactor Large Cap ETF in the 4th quarter worth approximately $27,000. REAP Financial Group LLC bought a new stake in shares of John Hancock Multifactor Large Cap ETF in the 4th quarter worth approximately $36,000. Pittenger & Anderson Inc. bought a new stake in shares of John Hancock Multifactor Large Cap ETF in the 1st quarter worth approximately $45,000. Finally, Trust Co. of Vermont bought a new stake in shares of John Hancock Multifactor Large Cap ETF in the 4th quarter worth approximately $62,000.

About John Hancock Multifactor Large Cap ETF

The John Hancock Multifactor Large Cap ETF (JHML) is an exchange-traded fund that is based on the John Hancock Dimensional Large Cap index. The fund tracks an index of largest 800 US firms, weighted by multiple factors relative to their sector peers. JHML was launched on Sep 28, 2015 and is managed by John Hancock.