Magnus Financial Group LLC Decreases Stake in John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD)

Magnus Financial Group LLC lessened its stake in shares of John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) by 2.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 290,082 shares of the company’s stock after selling 8,461 shares during the quarter. John Hancock Multifactor Developed International ETF comprises approximately 1.2% of Magnus Financial Group LLC’s holdings, making the stock its 18th largest holding. Magnus Financial Group LLC’s holdings in John Hancock Multifactor Developed International ETF were worth $9,458,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. TNF LLC increased its position in shares of John Hancock Multifactor Developed International ETF by 63.3% in the fourth quarter. TNF LLC now owns 11,741 shares of the company’s stock valued at $383,000 after acquiring an additional 4,551 shares during the period. Citigroup Inc. purchased a new position in John Hancock Multifactor Developed International ETF during the 3rd quarter valued at about $79,000. HighTower Advisors LLC lifted its holdings in John Hancock Multifactor Developed International ETF by 37.8% in the 3rd quarter. HighTower Advisors LLC now owns 25,786 shares of the company’s stock worth $759,000 after buying an additional 7,075 shares during the period. Merit Financial Group LLC grew its position in shares of John Hancock Multifactor Developed International ETF by 6.7% in the 3rd quarter. Merit Financial Group LLC now owns 411,768 shares of the company’s stock worth $12,316,000 after buying an additional 25,772 shares during the last quarter. Finally, Stratos Wealth Partners LTD. purchased a new position in shares of John Hancock Multifactor Developed International ETF during the fourth quarter valued at approximately $480,000.

John Hancock Multifactor Developed International ETF Stock Performance

JHMD stock traded up $0.24 on Friday, reaching $33.60. The company’s stock had a trading volume of 25,603 shares, compared to its average volume of 78,684. The business has a fifty day simple moving average of $33.74 and a two-hundred day simple moving average of $32.17. The firm has a market cap of $705.60 million, a PE ratio of 13.38 and a beta of 0.78. John Hancock Multifactor Developed International ETF has a 12-month low of $28.49 and a 12-month high of $34.67.

John Hancock Multifactor Developed International ETF Company Profile

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.