Merriman Wealth Management LLC Sells 996 Shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM)

Merriman Wealth Management LLC lowered its stake in shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 1.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 73,008 shares of the company’s stock after selling 996 shares during the quarter. Merriman Wealth Management LLC owned 0.29% of John Hancock Multifactor Emerging Markets ETF worth $1,952,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of JHEM. TNF LLC purchased a new stake in John Hancock Multifactor Emerging Markets ETF in the first quarter worth about $233,000. B. Riley Wealth Advisors Inc. increased its stake in shares of John Hancock Multifactor Emerging Markets ETF by 50.9% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 17,756 shares of the company’s stock worth $452,000 after acquiring an additional 5,993 shares during the period. SigFig Wealth Management LLC raised its stake in shares of John Hancock Multifactor Emerging Markets ETF by 6.9% during the 2nd quarter. SigFig Wealth Management LLC now owns 20,232 shares of the company’s stock valued at $541,000 after buying an additional 1,303 shares during the last quarter. Private Advisor Group LLC boosted its position in John Hancock Multifactor Emerging Markets ETF by 22.2% in the 2nd quarter. Private Advisor Group LLC now owns 26,074 shares of the company’s stock worth $697,000 after purchasing an additional 4,736 shares in the last quarter. Finally, Evensky & Katz LLC boosted its holdings in John Hancock Multifactor Emerging Markets ETF by 1.4% during the second quarter. Evensky & Katz LLC now owns 31,769 shares of the company’s stock worth $849,000 after buying an additional 438 shares in the last quarter.

John Hancock Multifactor Emerging Markets ETF Price Performance

John Hancock Multifactor Emerging Markets ETF stock opened at $27.47 on Friday. The stock has a market capitalization of $697.71 million, a PE ratio of 11.25 and a beta of 0.87. John Hancock Multifactor Emerging Markets ETF has a 12 month low of $22.78 and a 12 month high of $27.87. The business has a 50 day simple moving average of $26.84 and a 200-day simple moving average of $26.58.

John Hancock Multifactor Emerging Markets ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 28th. Shareholders of record on Wednesday, June 26th were paid a $0.375 dividend. The ex-dividend date was Wednesday, June 26th. This is an increase from John Hancock Multifactor Emerging Markets ETF’s previous dividend of $0.34.

About John Hancock Multifactor Emerging Markets ETF

The John Hancock Multifactor Emerging Markets ETF (JHEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor weighted index of large- and mid-cap stocks from emerging markets. JHEM was launched on Sep 27, 2018 and is managed by John Hancock.