John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sees Strong Trading Volume Following Dividend Announcement

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) saw strong trading volume on Wednesday after the company announced a dividend. 109,794 shares were traded during mid-day trading, an increase of 50% from the previous session’s volume of 73,044 shares.The stock last traded at $33.18 and had previously closed at $33.40.

The newly announced dividend which will be paid on Friday, June 28th. Stockholders of record on Wednesday, June 26th will be paid a dividend of $0.7311 per share. The ex-dividend date of this dividend is Wednesday, June 26th. This is a positive change from John Hancock Multifactor Developed International ETF’s previous dividend of $0.67.

John Hancock Multifactor Developed International ETF Stock Up 0.1 %

The firm has a market capitalization of $695.94 million, a PE ratio of 13.74 and a beta of 0.80. The firm’s 50 day moving average price is $34.23 and its two-hundred day moving average price is $33.42.

Institutional Trading of John Hancock Multifactor Developed International ETF

Several large investors have recently modified their holdings of the business. Private Advisor Group LLC raised its holdings in John Hancock Multifactor Developed International ETF by 2,637.6% in the first quarter. Private Advisor Group LLC now owns 463,471 shares of the company’s stock valued at $16,004,000 after acquiring an additional 446,541 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of John Hancock Multifactor Developed International ETF by 61.0% during the fourth quarter. Wells Fargo & Company MN now owns 314,766 shares of the company’s stock worth $10,263,000 after purchasing an additional 119,259 shares during the last quarter. Level Four Advisory Services LLC grew its stake in John Hancock Multifactor Developed International ETF by 133.6% in the fourth quarter. Level Four Advisory Services LLC now owns 87,027 shares of the company’s stock worth $2,838,000 after purchasing an additional 49,774 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in John Hancock Multifactor Developed International ETF by 0.4% in the fourth quarter. The Manufacturers Life Insurance Company now owns 9,736,760 shares of the company’s stock valued at $317,467,000 after buying an additional 38,602 shares during the last quarter. Finally, Raymond James & Associates raised its stake in 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 valued at $1,973,000 after buying an additional 32,476 shares in the last quarter.

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.