John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Large Volume Increase – Here’s What Happened

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) shares saw unusually-strong trading volume on Friday . Approximately 89,983 shares traded hands during trading, an increase of 209% from the previous session’s volume of 29,124 shares.The stock last traded at $89.50 and had previously closed at $89.32.

John Hancock Multifactor Large Cap ETF Price Performance

The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 23.08 and a beta of 0.97. The company’s fifty day simple moving average is $88.06 and its two-hundred day simple moving average is $83.65.

Institutional Trading of John Hancock Multifactor Large Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisory Services Network LLC bought a new stake in shares of John Hancock Multifactor Large Cap ETF in the third quarter worth $26,000. Flagship Harbor Advisors LLC purchased a new stake in John Hancock Multifactor Large Cap ETF in the 4th quarter valued at about $27,000. REAP Financial Group LLC purchased a new position in John Hancock Multifactor Large Cap ETF during the fourth quarter valued at approximately $36,000. Pittenger & Anderson Inc. purchased a new stake in shares of John Hancock Multifactor Large Cap ETF during the 1st quarter valued at $45,000. Finally, Trust Co. of Vermont purchased a new position in John Hancock Multifactor Large Cap ETF in the 4th quarter worth $62,000.

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.