Raymond James Financial Inc. Makes New $652,000 Investment in John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM)

Raymond James Financial Inc. purchased a new stake in shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,216 shares of the company’s stock, valued at approximately $652,000.

A number of other institutional investors have also modified their holdings of JHEM. JPMorgan Chase & Co. purchased a new stake in John Hancock Multifactor Emerging Markets ETF during the third quarter valued at approximately $726,000. Jane Street Group LLC increased its position in shares of John Hancock Multifactor Emerging Markets ETF by 240.9% during the third quarter. Jane Street Group LLC now owns 126,217 shares of the company’s stock worth $3,610,000 after purchasing an additional 89,194 shares in the last quarter. Finally, Brueske Advisory Services LLC acquired a new position in shares of John Hancock Multifactor Emerging Markets ETF during the fourth quarter worth $10,960,000.

John Hancock Multifactor Emerging Markets ETF Price Performance

John Hancock Multifactor Emerging Markets ETF stock opened at $24.85 on Monday. John Hancock Multifactor Emerging Markets ETF has a 1-year low of $24.78 and a 1-year high of $29.24. The business has a fifty day moving average price of $26.65 and a 200-day moving average price of $26.97. The stock has a market capitalization of $544.22 million, a price-to-earnings ratio of 13.59 and a beta of 0.72.

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.