John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Hits New 1-Year High – What’s Next?

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $70.75 and last traded at $70.75, with a volume of 986 shares. The stock had previously closed at $70.69.

John Hancock Multifactor Large Cap ETF Stock Down 0.1 %

The firm has a market capitalization of $956.90 million, a price-to-earnings ratio of 22.60 and a beta of 0.96. The company’s 50 day moving average price is $67.52 and its 200 day moving average price is $65.53.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Oppenheimer & Co. Inc. raised its position in shares of John Hancock Multifactor Large Cap ETF by 1.2% during the 1st quarter. Oppenheimer & Co. Inc. now owns 13,316 shares of the company’s stock worth $862,000 after purchasing an additional 158 shares during the last quarter. Parsons Capital Management Inc. RI raised its position in shares of John Hancock Multifactor Large Cap ETF by 0.5% during the 2nd quarter. Parsons Capital Management Inc. RI now owns 43,197 shares of the company’s stock worth $2,808,000 after purchasing an additional 229 shares during the last quarter. Moloney Securities Asset Management LLC raised its position in shares of John Hancock Multifactor Large Cap ETF by 1.3% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 24,280 shares of the company’s stock worth $1,578,000 after purchasing an additional 319 shares during the last quarter. TNF LLC raised its position in shares of John Hancock Multifactor Large Cap ETF by 3.4% during the 2nd quarter. TNF LLC now owns 16,425 shares of the company’s stock worth $1,071,000 after purchasing an additional 534 shares during the last quarter. Finally, Sunbelt Securities Inc. acquired a new position in shares of John Hancock Multifactor Large Cap ETF during the 1st quarter worth about $47,000.

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.