John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Unusually-High Trading Volume – Should You Buy?

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) saw an uptick in trading volume on Friday . 118,891 shares traded hands during trading, an increase of 300% from the previous session’s volume of 29,753 shares.The stock last traded at $91.0120 and had previously closed at $91.20.

John Hancock Multifactor Large Cap ETF Trading Down 0.2%

The company has a market capitalization of $1.19 billion, a P/E ratio of 23.08 and a beta of 0.97. The business’s fifty day moving average price is $90.02 and its 200-day moving average price is $86.11.

John Hancock Multifactor Large Cap ETF Dividend Announcement

The company also recently declared a semiannual dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 26th were given a dividend of $0.3892 per share. The ex-dividend date was Friday, June 26th. This represents a yield of 89.0%.

Hedge Funds Weigh In On John Hancock Multifactor Large Cap ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Advisory Services Network LLC purchased a new position in shares of John Hancock Multifactor Large Cap ETF during the 3rd quarter valued at about $26,000. REAP Financial Group LLC purchased a new stake in John Hancock Multifactor Large Cap ETF in the fourth quarter worth approximately $36,000. Pittenger & Anderson Inc. purchased a new stake in John Hancock Multifactor Large Cap ETF in the first quarter worth approximately $45,000. Trust Co. of Vermont bought a new position in John Hancock Multifactor Large Cap ETF during the second quarter valued at approximately $69,000. Finally, Smartleaf Asset Management LLC bought a new position in John Hancock Multifactor Large Cap ETF during the second quarter valued at approximately $75,000.

John Hancock Multifactor Large Cap ETF Company 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.