John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sees Strong Trading Volume – Still a Buy?

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) saw an uptick in trading volume on Thursday . 171,474 shares were traded during trading, an increase of 31% from the previous session’s volume of 131,289 shares.The stock last traded at $34.78 and had previously closed at $35.04.

John Hancock Multifactor Developed International ETF Price Performance

The firm’s fifty day simple moving average is $33.30 and its 200 day simple moving average is $33.82. The company has a market capitalization of $671.06 million, a price-to-earnings ratio of 15.42 and a beta of 0.86.

Institutional Trading of John Hancock Multifactor Developed International ETF

Several large investors have recently added to or reduced their stakes in the company. OneDigital Investment Advisors LLC purchased a new stake in shares of John Hancock Multifactor Developed International ETF in the third quarter worth approximately $209,000. Stratos Wealth Partners LTD. lifted its position in John Hancock Multifactor Developed International ETF by 7.7% in the 4th quarter. Stratos Wealth Partners LTD. now owns 16,749 shares of the company’s stock worth $537,000 after buying an additional 1,198 shares in the last quarter. Principal Securities Inc. boosted its stake in shares of John Hancock Multifactor Developed International ETF by 12.0% during the 4th quarter. Principal Securities Inc. now owns 8,031 shares of the company’s stock valued at $258,000 after buying an additional 859 shares during the period. Raymond James & Associates grew its holdings in shares of John Hancock Multifactor Developed International ETF by 9.8% during the 3rd quarter. Raymond James & Associates now owns 66,557 shares of the company’s stock valued at $2,353,000 after acquiring an additional 5,946 shares in the last quarter. Finally, FFG Retirement Advisors LLC increased its stake in shares of John Hancock Multifactor Developed International ETF by 5.2% in the fourth quarter. FFG Retirement Advisors LLC now owns 87,467 shares of the company’s stock worth $2,805,000 after acquiring an additional 4,327 shares during the last quarter.

About John Hancock Multifactor Developed International ETF

The John Hancock Multifactor Developed International ETF (JHMD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from developed markets ex-US and Canada, covering 85% of the market capitalization. Holdings are weighted based on fundamental and technical factors JHMD was launched on Dec 15, 2016 and is managed by John Hancock.