PMG Wealth Management Inc. Has $6.11 Million Stock Position in John Hancock Multifactor Large Cap ETF $JHML

PMG Wealth Management Inc. boosted its holdings in John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) by 76.8% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 78,077 shares of the company’s stock after buying an additional 33,904 shares during the quarter. John Hancock Multifactor Large Cap ETF accounts for approximately 4.4% of PMG Wealth Management Inc.’s holdings, making the stock its 10th biggest position. PMG Wealth Management Inc. owned approximately 0.60% of John Hancock Multifactor Large Cap ETF worth $6,111,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. raised its holdings in shares of John Hancock Multifactor Large Cap ETF by 8.6% during the second quarter. JPMorgan Chase & Co. now owns 8,327 shares of the company’s stock valued at $611,000 after purchasing an additional 662 shares during the last quarter. Raymond James Financial Inc. raised its stake in John Hancock Multifactor Large Cap ETF by 605.1% during the 2nd quarter. Raymond James Financial Inc. now owns 360,767 shares of the company’s stock valued at $26,463,000 after buying an additional 309,599 shares during the last quarter. Smartleaf Asset Management LLC bought a new position in shares of John Hancock Multifactor Large Cap ETF during the 2nd quarter valued at $75,000. HighTower Advisors LLC lifted its holdings in shares of John Hancock Multifactor Large Cap ETF by 5.1% during the 3rd quarter. HighTower Advisors LLC now owns 44,753 shares of the company’s stock valued at $3,507,000 after buying an additional 2,165 shares during the period. Finally, Vestmark Advisory Solutions Inc. purchased a new position in shares of John Hancock Multifactor Large Cap ETF in the 3rd quarter worth $4,216,000.

John Hancock Multifactor Large Cap ETF Price Performance

Shares of JHML opened at $87.99 on Wednesday. John Hancock Multifactor Large Cap ETF has a one year low of $72.17 and a one year high of $90.02. The firm has a market capitalization of $1.15 billion, a P/E ratio of 23.08 and a beta of 0.97. The business has a fifty day moving average of $86.82 and a 200 day moving average of $82.89.

John Hancock Multifactor Large Cap ETF Profile

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.