Rialto Wealth Management LLC Takes Position in John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD)

Rialto Wealth Management LLC bought a new stake in John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 2,941 shares of the company’s stock, valued at approximately $94,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of John Hancock Multifactor Developed International ETF in the fourth quarter valued at approximately $23,481,000. Jones Financial Companies Lllp grew its position in John Hancock Multifactor Developed International ETF by 134.8% during the 4th quarter. Jones Financial Companies Lllp now owns 93,483 shares of the company’s stock worth $2,998,000 after purchasing an additional 53,675 shares during the last quarter. Principal Securities Inc. grew its position in John Hancock Multifactor Developed International ETF by 12.0% during the 4th quarter. Principal Securities Inc. now owns 8,031 shares of the company’s stock worth $258,000 after purchasing an additional 859 shares during the last quarter. Stratos Wealth Partners LTD. grew its position in John Hancock Multifactor Developed International ETF by 7.7% during the 4th quarter. Stratos Wealth Partners LTD. now owns 16,749 shares of the company’s stock worth $537,000 after purchasing an additional 1,198 shares during the last quarter. Finally, Institute for Wealth Management LLC. increased its stake in John Hancock Multifactor Developed International ETF by 4.3% in the fourth quarter. Institute for Wealth Management LLC. now owns 22,240 shares of the company’s stock valued at $713,000 after purchasing an additional 915 shares during the period.

John Hancock Multifactor Developed International ETF Stock Performance

Shares of JHMD opened at $36.06 on Friday. The company has a market capitalization of $688.75 million, a price-to-earnings ratio of 15.47 and a beta of 0.85. John Hancock Multifactor Developed International ETF has a fifty-two week low of $31.18 and a fifty-two week high of $36.06. The firm has a 50-day simple moving average of $33.61 and a 200-day simple moving average of $33.87.

John Hancock Multifactor Developed International ETF Company Profile

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.