John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sets New 52-Week High at $28.40

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) reached a new 52-week high during trading on Tuesday . The stock traded as high as $28.40 and last traded at $28.35, with a volume of 1097 shares. The stock had previously closed at $27.73.

John Hancock Multifactor Emerging Markets ETF Price Performance

The stock has a market cap of $720.60 million, a price-to-earnings ratio of 11.25 and a beta of 0.87. The business’s 50 day moving average is $26.84 and its 200 day moving average is $26.61.

Hedge Funds Weigh In On John Hancock Multifactor Emerging Markets ETF

Several large investors have recently bought and sold shares of the stock. Waterloo Capital L.P. acquired a new position in shares of John Hancock Multifactor Emerging Markets ETF in the 4th quarter valued at $1,417,000. B. Riley Wealth Advisors Inc. boosted its stake in shares of John Hancock Multifactor Emerging Markets ETF by 50.9% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 17,756 shares of the company’s stock worth $452,000 after buying an additional 5,993 shares during the period. OLD Mission Capital LLC increased its position in John Hancock Multifactor Emerging Markets ETF by 35.0% in the 1st quarter. OLD Mission Capital LLC now owns 126,672 shares of the company’s stock valued at $3,284,000 after acquiring an additional 32,848 shares during the period. Pallas Capital Advisors LLC raised its stake in John Hancock Multifactor Emerging Markets ETF by 6.0% during the 2nd quarter. Pallas Capital Advisors LLC now owns 343,669 shares of the company’s stock valued at $9,309,000 after acquiring an additional 19,391 shares during the last quarter. Finally, Evensky & Katz LLC lifted its position in John Hancock Multifactor Emerging Markets ETF by 1.4% during the 2nd quarter. Evensky & Katz LLC now owns 31,769 shares of the company’s stock worth $849,000 after acquiring an additional 438 shares during the period.

John Hancock Multifactor Emerging Markets ETF Company Profile

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.