John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Stake Cut by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans decreased its holdings in shares of John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) by 24.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 726,917 shares of the company’s stock after selling 238,073 shares during the period. Thrivent Financial for Lutherans owned about 3.46% of John Hancock Multifactor Developed International ETF worth $23,312,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Rialto Wealth Management LLC bought a new stake in shares of John Hancock Multifactor Developed International ETF during the 4th quarter valued at about $94,000. First Horizon Advisors Inc. bought a new stake in shares of John Hancock Multifactor Developed International ETF in the 3rd quarter worth approximately $120,000. OneDigital Investment Advisors LLC acquired a new position in John Hancock Multifactor Developed International ETF during the 3rd quarter valued at approximately $209,000. Zacks Investment Management bought a new position in John Hancock Multifactor Developed International ETF during the 3rd quarter worth $210,000. Finally, Principal Securities Inc. grew its stake in 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 worth $258,000 after buying an additional 859 shares during the last quarter.

John Hancock Multifactor Developed International ETF Stock Performance

JHMD stock opened at $35.91 on Friday. John Hancock Multifactor Developed International ETF has a 1 year low of $31.18 and a 1 year high of $36.27. The stock has a market capitalization of $685.88 million, a price-to-earnings ratio of 15.47 and a beta of 0.85. The stock’s fifty day moving average is $34.24 and its two-hundred day moving average is $33.92.

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.