John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Unusually-High Trading Volume – What’s Next?

Shares of John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) saw an uptick in trading volume on Tuesday . 129,265 shares were traded during trading, an increase of 338% from the previous session’s volume of 29,519 shares.The stock last traded at $72.16 and had previously closed at $71.52.

John Hancock Multifactor Large Cap ETF Stock Up 0.5 %

The firm has a market capitalization of $985.76 million, a PE ratio of 22.60 and a beta of 0.96. The company has a 50-day moving average of $71.47 and a 200 day moving average of $69.13.

Institutional Investors Weigh In On John Hancock Multifactor Large Cap ETF

A number of large investors have recently added to or reduced their stakes in JHML. Assetmark Inc. purchased a new position in John Hancock Multifactor Large Cap ETF in the 3rd quarter worth $48,000. Coastline Trust Co bought a new position in shares of John Hancock Multifactor Large Cap ETF during the third quarter valued at about $153,000. FMR LLC increased its holdings in shares of John Hancock Multifactor Large Cap ETF by 8.6% in the third quarter. FMR LLC now owns 2,243 shares of the company’s stock worth $156,000 after buying an additional 178 shares during the period. First Horizon Advisors Inc. purchased a new position in shares of John Hancock Multifactor Large Cap ETF in the third quarter worth about $203,000. Finally, Quantinno Capital Management LP purchased a new stake in John Hancock Multifactor Large Cap ETF during the 3rd quarter valued at about $352,000.

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.