John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Large Volume Increase

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) shares saw unusually-strong trading volume on Wednesday . Approximately 101,066 shares traded hands during trading, an increase of 221% from the previous session’s volume of 31,450 shares.The stock last traded at $65.13 and had previously closed at $66.22.

John Hancock Multifactor Large Cap ETF Price Performance

The firm has a market cap of $910.97 million, a PE ratio of 22.60 and a beta of 0.96. The company’s 50 day moving average price is $66.17 and its 200 day moving average price is $64.61.

John Hancock Multifactor Large Cap ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Stockholders of record on Wednesday, June 26th were given a dividend of $0.3366 per share. The ex-dividend date of this dividend was Wednesday, June 26th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of JHML. Sanctuary Advisors LLC acquired a new stake in John Hancock Multifactor Large Cap ETF in the 2nd quarter valued at about $1,817,000. Hershey Financial Advisers LLC acquired a new stake in John Hancock Multifactor Large Cap ETF in the second quarter valued at approximately $884,000. Hill Island Financial LLC lifted its stake in John Hancock Multifactor Large Cap ETF by 0.3% in the second quarter. Hill Island Financial LLC now owns 356,260 shares of the company’s stock worth $23,160,000 after acquiring an additional 921 shares during the last quarter. SigFig Wealth Management LLC grew its holdings in John Hancock Multifactor Large Cap ETF by 6.7% during the 2nd quarter. SigFig Wealth Management LLC now owns 28,766 shares of the company’s stock worth $1,870,000 after acquiring an additional 1,798 shares in the last quarter. Finally, Foundry Financial Group Inc. increased its position in shares of John Hancock Multifactor Large Cap ETF by 1.7% in the 2nd quarter. Foundry Financial Group Inc. now owns 141,414 shares of the company’s stock valued at $9,193,000 after purchasing an additional 2,372 shares during the last quarter.

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.