Merit Financial Group LLC Purchases 6,356 Shares of John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD)

Merit Financial Group LLC grew its position in John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) by 1.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 418,124 shares of the company’s stock after purchasing an additional 6,356 shares during the quarter. Merit Financial Group LLC’s holdings in John Hancock Multifactor Developed International ETF were worth $13,633,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in JHMD. Commonwealth Equity Services LLC lifted its position in John Hancock Multifactor Developed International ETF by 2.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 47,911 shares of the company’s stock valued at $1,433,000 after acquiring an additional 1,130 shares in the last quarter. Raymond James & Associates bought a new position in shares of John Hancock Multifactor Developed International ETF during the third quarter valued at $838,000. Raymond James Financial Services Advisors Inc. boosted its position in shares of John Hancock Multifactor Developed International ETF by 16.8% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 574,892 shares of the company’s stock valued at $17,195,000 after buying an additional 82,502 shares during the last quarter. Private Advisor Group LLC increased its holdings in John Hancock Multifactor Developed International ETF by 21.4% in the 3rd quarter. Private Advisor Group LLC now owns 17,049 shares of the company’s stock worth $510,000 after buying an additional 3,007 shares in the last quarter. Finally, HighTower Advisors LLC raised its position in John Hancock Multifactor Developed International ETF by 37.8% in the 3rd quarter. HighTower Advisors LLC now owns 25,786 shares of the company’s stock worth $759,000 after buying an additional 7,075 shares during the last quarter.

John Hancock Multifactor Developed International ETF Stock Up 1.0 %

Shares of NYSEARCA JHMD traded up $0.34 during trading on Friday, reaching $33.99. 34,769 shares of the company traded hands, compared to its average volume of 76,094. The firm has a 50 day simple moving average of $33.79 and a 200-day simple moving average of $32.26. John Hancock Multifactor Developed International ETF has a 52-week low of $28.49 and a 52-week high of $34.67. The stock has a market capitalization of $713.69 million, a PE ratio of 13.38 and a beta of 0.78.

About John Hancock Multifactor Developed International ETF

The John Hancock Multifactor Developed International ETF (JHMD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from developed markets ex-US and Canada, covering 85% of the market capitalization. Holdings are weighted based on fundamental and technical factors JHMD was launched on Dec 15, 2016 and is managed by John Hancock.