Raymond James Financial Inc. Buys New Stake in John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML)

Raymond James Financial Inc. acquired a new position in shares of John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 53,779 shares of the company’s stock, valued at approximately $3,746,000. Raymond James Financial Inc. owned 0.40% of John Hancock Multifactor Large Cap ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JHML. FMR LLC increased its position in shares of John Hancock Multifactor Large Cap ETF by 8.6% during the third quarter. FMR LLC now owns 2,243 shares of the company’s stock worth $156,000 after purchasing an additional 178 shares in the last quarter. Puff Wealth Management LLC purchased a new position in shares of John Hancock Multifactor Large Cap ETF during the fourth quarter worth $206,000. Quantinno Capital Management LP purchased a new position in shares of John Hancock Multifactor Large Cap ETF in the third quarter valued at approximately $352,000. JPMorgan Chase & Co. boosted its holdings in John Hancock Multifactor Large Cap ETF by 57.7% in the third quarter. JPMorgan Chase & Co. now owns 8,369 shares of the company’s stock valued at $581,000 after purchasing an additional 3,063 shares during the period. Finally, Columbia Advisory Partners LLC boosted its stake in shares of John Hancock Multifactor Large Cap ETF by 1.4% in the 4th quarter. Columbia Advisory Partners LLC now owns 11,429 shares of the company’s stock valued at $796,000 after buying an additional 162 shares during the period.

John Hancock Multifactor Large Cap ETF Price Performance

John Hancock Multifactor Large Cap ETF stock opened at $68.52 on Thursday. The stock’s fifty day moving average is $70.63 and its two-hundred day moving average is $70.50. The stock has a market cap of $928.45 million, a PE ratio of 22.64 and a beta of 1.01. John Hancock Multifactor Large Cap ETF has a 1-year low of $61.01 and a 1-year high of $73.50.

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.