John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its holdings in shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 3.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 358,479 shares of the company’s stock after selling 11,324 shares during the quarter. Envestnet Asset Management Inc. owned approximately 1.65% of John Hancock Multifactor Emerging Markets ETF worth $9,557,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in JHEM. CoreCap Advisors LLC acquired a new position in shares of John Hancock Multifactor Emerging Markets ETF during the 4th quarter worth about $272,000. Rockefeller Capital Management L.P. boosted its position in shares of John Hancock Multifactor Emerging Markets ETF by 2.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 16,667 shares of the company’s stock worth $431,000 after acquiring an additional 393 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of John Hancock Multifactor Emerging Markets ETF during the 4th quarter worth about $652,000. Simplicity Wealth LLC acquired a new position in shares of John Hancock Multifactor Emerging Markets ETF during the 1st quarter worth about $877,000. Finally, Citadel Advisors LLC lifted its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 165.0% in the 4th quarter. Citadel Advisors LLC now owns 199,430 shares of the company’s stock valued at $5,155,000 after purchasing an additional 124,171 shares during the last quarter.

John Hancock Multifactor Emerging Markets ETF Stock Performance

John Hancock Multifactor Emerging Markets ETF stock opened at $29.57 on Monday. John Hancock Multifactor Emerging Markets ETF has a fifty-two week low of $23.47 and a fifty-two week high of $29.73. The company has a market capitalization of $615.06 million, a P/E ratio of 13.85 and a beta of 0.76. The stock has a 50-day simple moving average of $28.70 and a 200-day simple moving average of $27.14.

John Hancock Multifactor Emerging Markets ETF 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.