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

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) shares saw unusually-high trading volume on Thursday . Approximately 70,068 shares changed hands during trading, an increase of 108% from the previous session’s volume of 33,738 shares.The stock last traded at $61.90 and had previously closed at $61.64.

John Hancock Multifactor Large Cap ETF Stock Up 0.9 %

The stock has a market capitalization of $839.30 million, a PE ratio of 22.01 and a beta of 0.96. The stock has a fifty day moving average of $63.00 and a 200-day moving average of $59.19.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Foundry Financial Group Inc. acquired a new stake in shares of John Hancock Multifactor Large Cap ETF in the 4th quarter valued at about $7,476,000. Mayflower Financial Advisors LLC purchased a new stake in John Hancock Multifactor Large Cap ETF in the 4th quarter valued at $201,000. Raymond James & Associates boosted its stake in John Hancock Multifactor Large Cap ETF by 15.9% during the 4th quarter. Raymond James & Associates now owns 11,290 shares of the company’s stock worth $664,000 after purchasing an additional 1,550 shares during the period. Octavia Wealth Advisors LLC purchased a new position in John Hancock Multifactor Large Cap ETF during the 4th quarter worth $239,000. Finally, Tower Research Capital LLC TRC increased its stake in John Hancock Multifactor Large Cap ETF by 1,000.6% in the third quarter. Tower Research Capital LLC TRC now owns 8,629 shares of the company’s stock valued at $458,000 after purchasing an additional 7,845 shares during the period.

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.