IFP Advisors Inc Has $654,000 Position in John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM)

IFP Advisors Inc reduced its stake in shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 5.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,526 shares of the company’s stock after selling 1,432 shares during the quarter. IFP Advisors Inc owned about 0.11% of John Hancock Multifactor Emerging Markets ETF worth $654,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Rockefeller Capital Management L.P. raised its stake 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 purchasing an additional 393 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 1.2% during the 4th quarter. Captrust Financial Advisors now owns 349,051 shares of the company’s stock worth $9,023,000 after acquiring an additional 4,083 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new position in shares of John Hancock Multifactor Emerging Markets ETF during the 1st quarter worth approximately $248,000. CoreCap Advisors LLC acquired a new position in John Hancock Multifactor Emerging Markets ETF in the 4th quarter valued at $272,000. Finally, Pallas Capital Advisors LLC grew its holdings in John Hancock Multifactor Emerging Markets ETF by 3.9% in the 1st quarter. Pallas Capital Advisors LLC now owns 373,445 shares of the company’s stock valued at $9,956,000 after buying an additional 13,876 shares in the last quarter.

John Hancock Multifactor Emerging Markets ETF Stock Performance

NYSEARCA:JHEM opened at $29.89 on Friday. The stock has a fifty day moving average price of $28.84 and a 200-day moving average price of $27.23. The company has a market cap of $621.71 million, a price-to-earnings ratio of 13.85 and a beta of 0.76. John Hancock Multifactor Emerging Markets ETF has a fifty-two week low of $23.47 and a fifty-two week high of $30.09.

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.