Merit Financial Group LLC Has $13.63 Million Position in John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD)

Merit Financial Group LLC increased its holdings in shares of John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) by 1.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 418,124 shares of the company’s stock after buying an additional 6,356 shares during the period. Merit Financial Group LLC owned about 2.55% of John Hancock Multifactor Developed International ETF worth $13,633,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Raymond James Financial Services Advisors Inc. grew its stake in shares of John Hancock Multifactor Developed International ETF by 16.8% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 574,892 shares of the company’s stock worth $17,195,000 after purchasing an additional 82,502 shares during the last quarter. Raymond James & Associates raised its position in shares of John Hancock Multifactor Developed International ETF by 115.9% during the fourth quarter. Raymond James & Associates now owns 60,504 shares of the company’s stock worth $1,973,000 after acquiring an additional 32,476 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new position in shares of John Hancock Multifactor Developed International ETF in the fourth quarter worth approximately $480,000. HighTower Advisors LLC boosted its holdings in John Hancock Multifactor Developed International ETF by 37.8% in the third quarter. HighTower Advisors LLC now owns 25,786 shares of the company’s stock valued at $759,000 after acquiring an additional 7,075 shares during the last quarter. Finally, TNF LLC increased its position in John Hancock Multifactor Developed International ETF by 63.3% during the 4th quarter. TNF LLC now owns 11,741 shares of the company’s stock valued at $383,000 after purchasing an additional 4,551 shares during the period.

John Hancock Multifactor Developed International ETF Stock Performance

Shares of NYSEARCA JHMD traded up $0.34 during midday trading on Friday, reaching $33.99. The stock had a trading volume of 34,769 shares, compared to its average volume of 76,094. The company’s 50 day moving average price is $33.79 and its 200 day moving average price is $32.26. John Hancock Multifactor Developed International ETF has a twelve month low of $28.49 and a twelve month high of $34.67. The firm has a market cap of $713.69 million, a price-to-earnings ratio of 13.38 and a beta of 0.78.

About John Hancock Multifactor Developed International ETF

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.