IAM Advisory LLC Trims Position in John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML)

IAM Advisory LLC cut its position in shares of John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) by 1.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 339,581 shares of the company’s stock after selling 6,219 shares during the period. John Hancock Multifactor Large Cap ETF makes up about 6.0% of IAM Advisory LLC’s portfolio, making the stock its 4th biggest holding. IAM Advisory LLC owned about 2.50% of John Hancock Multifactor Large Cap ETF worth $21,991,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Foundry Financial Group Inc. bought a new stake in John Hancock Multifactor Large Cap ETF in the fourth quarter worth about $7,476,000. LPL Financial LLC lifted its position in shares of John Hancock Multifactor Large Cap ETF by 9.6% during the third quarter. LPL Financial LLC now owns 990,755 shares of the company’s stock valued at $52,530,000 after buying an additional 87,023 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of John Hancock Multifactor Large Cap ETF by 13.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 471,301 shares of the company’s stock valued at $27,717,000 after buying an additional 56,656 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of John Hancock Multifactor Large Cap ETF by 4.1% in the 4th quarter. Wells Fargo & Company MN now owns 843,235 shares of the company’s stock valued at $49,591,000 after buying an additional 32,972 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of John Hancock Multifactor Large Cap ETF in the 1st quarter worth approximately $1,381,000.

John Hancock Multifactor Large Cap ETF Stock Performance

NYSEARCA:JHML traded up $0.03 during midday trading on Wednesday, reaching $65.12. 15,653 shares of the stock traded hands, compared to its average volume of 32,118. The stock has a market capitalization of $882.34 million, a PE ratio of 22.60 and a beta of 0.96. John Hancock Multifactor Large Cap ETF has a 12-month low of $50.56 and a 12-month high of $65.87. The business has a 50-day moving average of $63.91 and a two-hundred day moving average of $62.04.

John Hancock Multifactor Large Cap ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 28th. Stockholders of record on Wednesday, June 26th will be issued a dividend of $0.3366 per share. The ex-dividend date of this dividend is Wednesday, June 26th.

John Hancock Multifactor Large Cap ETF Profile

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.