HighTower Advisors LLC Invests $1.29 Million in John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML)

HighTower Advisors LLC acquired a new position in shares of John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 18,663 shares of the company’s stock, valued at approximately $1,289,000.

Several other large investors also recently modified their holdings of JHML. Assetmark Inc. acquired a new stake in shares of John Hancock Multifactor Large Cap ETF during the third quarter worth $48,000. Coastline Trust Co acquired a new stake in shares of John Hancock Multifactor Large Cap ETF during the third quarter worth $153,000. FMR LLC increased its position in shares of John Hancock Multifactor Large Cap ETF by 8.6% during the third quarter. FMR LLC now owns 2,243 shares of the company’s stock worth $156,000 after buying an additional 178 shares during the period. First Horizon Advisors Inc. acquired a new stake in shares of John Hancock Multifactor Large Cap ETF during the third quarter worth $203,000. Finally, Hershey Financial Advisers LLC acquired a new stake in shares of John Hancock Multifactor Large Cap ETF during the second quarter worth $884,000.

John Hancock Multifactor Large Cap ETF Trading Up 0.1 %

NYSEARCA:JHML opened at $72.48 on Tuesday. The stock has a market capitalization of $982.10 million, a price-to-earnings ratio of 22.60 and a beta of 0.96. The firm has a fifty day simple moving average of $71.35 and a two-hundred day simple moving average of $68.09. John Hancock Multifactor Large Cap ETF has a 12 month low of $57.77 and a 12 month high of $73.50.

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.