John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Shares Sold by IAM Advisory LLC

IAM Advisory LLC lowered its position in John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) by 0.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 333,192 shares of the company’s stock after selling 2,942 shares during the period. John Hancock Multifactor Large Cap ETF comprises 5.9% of IAM Advisory LLC’s investment portfolio, making the stock its 4th biggest position. IAM Advisory LLC’s holdings in John Hancock Multifactor Large Cap ETF were worth $23,207,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC lifted its position in shares of John Hancock Multifactor Large Cap ETF by 15,881.6% in the third quarter. International Assets Investment Management LLC now owns 3,421,500 shares of the company’s stock worth $237,589,000 after buying an additional 3,400,091 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of John Hancock Multifactor Large Cap ETF in the 2nd quarter valued at approximately $1,817,000. ERn Financial LLC lifted its holdings in John Hancock Multifactor Large Cap ETF by 44.1% in the 4th quarter. ERn Financial LLC now owns 63,727 shares of the company’s stock worth $4,439,000 after purchasing an additional 19,492 shares during the last quarter. HighTower Advisors LLC bought a new stake in John Hancock Multifactor Large Cap ETF during the third quarter worth approximately $1,289,000. Finally, Grimes & Company Inc. boosted its position in John Hancock Multifactor Large Cap ETF by 1.0% during the third quarter. Grimes & Company Inc. now owns 1,709,019 shares of the company’s stock worth $118,674,000 after purchasing an additional 16,179 shares during the period.

John Hancock Multifactor Large Cap ETF Stock Up 0.8 %

NYSEARCA:JHML opened at $71.52 on Friday. The company’s 50 day moving average is $71.48 and its 200-day moving average is $68.99. John Hancock Multifactor Large Cap ETF has a 12 month low of $58.01 and a 12 month high of $73.50. The firm has a market cap of $969.10 million, a price-to-earnings ratio of 22.60 and a beta of 0.96.

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.