John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Strong Trading Volume – Here’s What Happened

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) shares saw strong trading volume on Wednesday . 127,693 shares changed hands during trading, an increase of 345% from the previous session’s volume of 28,665 shares.The stock last traded at $72.90 and had previously closed at $72.45.

John Hancock Multifactor Large Cap ETF Stock Down 0.1 %

The stock has a market capitalization of $981.29 million, a price-to-earnings ratio of 22.60 and a beta of 0.96. The firm has a 50-day moving average of $71.22 and a two-hundred day moving average of $67.92.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Assetmark Inc. acquired a new position in John Hancock Multifactor Large Cap ETF in the 3rd quarter worth about $48,000. Coastline Trust Co acquired a new position in John Hancock Multifactor Large Cap ETF in the 3rd quarter worth about $153,000. FMR LLC increased its position in John Hancock Multifactor Large Cap ETF by 8.6% in the 3rd quarter. FMR LLC now owns 2,243 shares of the company’s stock worth $156,000 after purchasing an additional 178 shares during the last quarter. First Horizon Advisors Inc. acquired a new position in John Hancock Multifactor Large Cap ETF in the 3rd quarter worth about $203,000. Finally, Quantinno Capital Management LP acquired a new position in John Hancock Multifactor Large Cap ETF in the 3rd quarter worth 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.