PMG Wealth Management Inc. Invests $2.77 Million in John Hancock Multifactor Large Cap ETF $JHML

PMG Wealth Management Inc. bought a new position in John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 37,741 shares of the company’s stock, valued at approximately $2,768,000. John Hancock Multifactor Large Cap ETF comprises 2.3% of PMG Wealth Management Inc.’s holdings, making the stock its 17th biggest holding. PMG Wealth Management Inc. owned approximately 0.28% of John Hancock Multifactor Large Cap ETF as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its holdings in John Hancock Multifactor Large Cap ETF by 561.4% in the 1st quarter. Farther Finance Advisors LLC now owns 2,242 shares of the company’s stock worth $152,000 after purchasing an additional 1,903 shares during the period. Private Client Services LLC acquired a new position in John Hancock Multifactor Large Cap ETF in the 2nd quarter worth about $201,000. Well Done LLC acquired a new position in John Hancock Multifactor Large Cap ETF in the 1st quarter worth about $216,000. Trust Point Inc. acquired a new position in John Hancock Multifactor Large Cap ETF in the 1st quarter worth about $282,000. Finally, Park Avenue Securities LLC acquired a new position in John Hancock Multifactor Large Cap ETF in the 2nd quarter worth about $336,000.

John Hancock Multifactor Large Cap ETF Trading Up 0.8%

NYSEARCA JHML opened at $77.91 on Friday. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 23.08 and a beta of 1.01. John Hancock Multifactor Large Cap ETF has a twelve month low of $58.38 and a twelve month high of $78.54. The stock has a 50-day moving average of $76.10 and a 200 day moving average of $71.50.

About John Hancock Multifactor Large Cap ETF

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.