John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Hits New 52-Week High at $68.22

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $68.22 and last traded at $68.22, with a volume of 2014 shares. The stock had previously closed at $67.95.

John Hancock Multifactor Large Cap ETF Stock Up 0.5 %

The firm has a 50 day moving average of $66.25 and a 200 day moving average of $64.73. The firm has a market cap of $925.60 million, a PE ratio of 22.60 and a beta of 0.96.

John Hancock Multifactor Large Cap ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, June 28th. Stockholders of record on Wednesday, June 26th were given a dividend of $0.3366 per share. The ex-dividend date was Wednesday, June 26th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in JHML. Envestnet Asset Management Inc. raised its stake in John Hancock Multifactor Large Cap ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 732,046 shares of the company’s stock valued at $47,590,000 after acquiring an additional 46,946 shares during the period. Wells Fargo & Company MN lifted its stake in shares of John Hancock Multifactor Large Cap ETF by 4.1% during the 4th quarter. Wells Fargo & Company MN now owns 843,235 shares of the company’s stock valued at $49,591,000 after buying an additional 32,972 shares in the last quarter. Sanctuary Advisors LLC bought a new position in John Hancock Multifactor Large Cap ETF in the 2nd quarter worth approximately $1,817,000. International Assets Investment Management LLC bought a new position in John Hancock Multifactor Large Cap ETF in the 1st quarter worth approximately $1,381,000. Finally, Kestra Advisory Services LLC grew its stake in John Hancock Multifactor Large Cap ETF by 9.1% in the 1st quarter. Kestra Advisory Services LLC now owns 243,017 shares of the company’s stock valued at $15,738,000 after buying an additional 20,251 shares in the last quarter.

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.