John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Sees Unusually-High Trading Volume – Time to Buy?

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) saw strong trading volume on Friday . 97,865 shares traded hands during trading, a decline of 10% from the previous session’s volume of 109,330 shares.The stock last traded at $35.46 and had previously closed at $35.84.

John Hancock Multifactor Emerging Markets ETF Trading Down 2.0%

The firm has a 50 day moving average of $33.45 and a two-hundred day moving average of $31.98. The stock has a market capitalization of $690.68 million, a PE ratio of 13.85 and a beta of 0.65.

Hedge Funds Weigh In On John Hancock Multifactor Emerging Markets ETF

Institutional investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of John Hancock Multifactor Emerging Markets ETF by 2.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 23,179 shares of the company’s stock valued at $734,000 after acquiring an additional 604 shares in the last quarter. IFP Advisors Inc boosted its holdings in John Hancock Multifactor Emerging Markets ETF by 3.4% in the second quarter. IFP Advisors Inc now owns 25,355 shares of the company’s stock valued at $740,000 after purchasing an additional 829 shares during the last quarter. Assetmark Inc. acquired a new stake in John Hancock Multifactor Emerging Markets ETF during the 2nd quarter valued at approximately $26,000. AE Wealth Management LLC purchased a new stake in John Hancock Multifactor Emerging Markets ETF during the 3rd quarter worth approximately $51,000. Finally, Stratos Wealth Partners LTD. purchased a new stake in John Hancock Multifactor Emerging Markets ETF during the 4th quarter worth approximately $201,000.

About John Hancock Multifactor Emerging Markets ETF

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.