John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sees Unusually-High Trading Volume – Time to Buy?

Shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) saw an uptick in trading volume on Wednesday . 183,767 shares changed hands during mid-day trading, an increase of 217% from the previous session’s volume of 58,040 shares.The stock last traded at $27.36 and had previously closed at $27.39.

John Hancock Multifactor Emerging Markets ETF Stock Up 0.2 %

The firm has a market cap of $605.19 million, a price-to-earnings ratio of 13.54 and a beta of 0.72. The stock’s 50 day moving average is $26.38 and its 200 day moving average is $26.97.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of JHEM. CoreCap Advisors LLC bought a new stake in John Hancock Multifactor Emerging Markets ETF during the fourth quarter worth approximately $272,000. Rockefeller Capital Management L.P. boosted its stake in shares of John Hancock Multifactor Emerging Markets ETF by 2.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 16,667 shares of the company’s stock worth $431,000 after acquiring an additional 393 shares in the last quarter. Independent Advisor Alliance acquired a new position in shares of John Hancock Multifactor Emerging Markets ETF in the 4th quarter worth $472,000. SigFig Wealth Management LLC raised its position in shares of John Hancock Multifactor Emerging Markets ETF by 3.9% during the fourth quarter. SigFig Wealth Management LLC now owns 22,763 shares of the company’s stock worth $586,000 after purchasing an additional 862 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of John Hancock Multifactor Emerging Markets ETF during the fourth quarter valued at $652,000.

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.