The Manufacturers Life Insurance Company Buys 2,508,488 Shares of John Hancock Multifactor Emerging Markets ETF $JHEM

The Manufacturers Life Insurance Company lifted its stake in shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 13.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,548,669 shares of the company’s stock after purchasing an additional 2,508,488 shares during the quarter. The Manufacturers Life Insurance Company owned 83.20% of John Hancock Multifactor Emerging Markets ETF worth $867,192,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. LPL Financial LLC lifted its position in John Hancock Multifactor Emerging Markets ETF by 2,155.4% during the fourth quarter. LPL Financial LLC now owns 527,802 shares of the company’s stock worth $17,365,000 after purchasing an additional 504,400 shares during the period. Jane Street Group LLC raised its position in shares of John Hancock Multifactor Emerging Markets ETF by 435.3% in the 1st quarter. Jane Street Group LLC now owns 302,931 shares of the company’s stock valued at $8,076,000 after buying an additional 246,336 shares in the last quarter. Bank of America Corp DE raised its position in shares of John Hancock Multifactor Emerging Markets ETF by 36.1% in the 1st quarter. Bank of America Corp DE now owns 302,848 shares of the company’s stock valued at $10,375,000 after buying an additional 80,299 shares in the last quarter. NewEdge Wealth LLC bought a new stake in shares of John Hancock Multifactor Emerging Markets ETF during the 1st quarter worth approximately $2,412,000. Finally, Susquehanna International Group LLP lifted its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 162.1% during the 3rd quarter. Susquehanna International Group LLP now owns 105,844 shares of the company’s stock worth $3,350,000 after acquiring an additional 65,458 shares during the period.

John Hancock Multifactor Emerging Markets ETF Trading Down 2.0%

NYSEARCA JHEM opened at $40.10 on Friday. The firm’s 50 day simple moving average is $39.27 and its 200 day simple moving average is $38.30. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 13.85 and a beta of 0.71. John Hancock Multifactor Emerging Markets ETF has a 1 year low of $30.85 and a 1 year high of $42.16.

John Hancock Multifactor Emerging Markets ETF Announces Dividend

The firm also recently declared a semiannual dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 26th were issued a dividend of $0.2027 per share. The ex-dividend date of this dividend was Friday, June 26th. This represents a dividend yield of 102.0%.

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.