Simplicity Wealth LLC Buys 34,585 Shares of John Hancock Multifactor Emerging Markets ETF $JHEM

Simplicity Wealth LLC lifted its position in John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 27.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 158,586 shares of the company’s stock after buying an additional 34,585 shares during the quarter. Simplicity Wealth LLC owned about 0.63% of John Hancock Multifactor Emerging Markets ETF worth $5,433,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. acquired a new stake in John Hancock Multifactor Emerging Markets ETF in the fourth quarter valued at $201,000. Ameriprise Financial Inc. acquired a new position in shares of John Hancock Multifactor Emerging Markets ETF during the 3rd quarter worth about $228,000. Envestnet Portfolio Solutions Inc. bought a new stake in shares of John Hancock Multifactor Emerging Markets ETF in the 4th quarter valued at about $230,000. Financially in Tune LLC bought a new stake in shares of John Hancock Multifactor Emerging Markets ETF in the 4th quarter valued at about $278,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in John Hancock Multifactor Emerging Markets ETF by 2.7% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 23,179 shares of the company’s stock valued at $734,000 after purchasing an additional 604 shares during the last quarter.

John Hancock Multifactor Emerging Markets ETF Price Performance

NYSEARCA JHEM traded up $0.17 during trading on Friday, reaching $39.61. 15,076 shares of the company’s stock were exchanged, compared to its average volume of 90,698. The business has a 50 day moving average price of $39.90 and a 200-day moving average price of $36.88. The stock has a market capitalization of $1.01 billion, a P/E ratio of 13.85 and a beta of 0.69. John Hancock Multifactor Emerging Markets ETF has a fifty-two week low of $28.97 and a fifty-two week high of $42.16.

John Hancock Multifactor Emerging Markets ETF Company Profile

The John Hancock Multifactor Emerging Markets ETF (JHEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor weighted index of large- and mid-cap stocks from emerging markets. JHEM was launched on Sep 27, 2018 and is managed by John Hancock.