John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Hits New 52-Week High at $33.58

John Hancock Multifactor Developed International ETF (NYSEARCAJHMD) is a mutual fund that invests in developed international markets. The fund tracks the performance of the Dow Jones U.S. Broad Stock Market Index, which includes companies listed on the New York Stock Exchange and NASDAQ Global Select Market exchanges.

On August 19, 2021, John Hancock Multifactor Developed International ETF hit a new 52-week high of $33.58 per share. This means that the fund's price has increased by more than 10% since its previous 52-week high on July 7, 2021, when it was trading at $29.46.

The fund's performance can be attributed to several factors, including strong economic growth in developed international markets, increasing demand for consumer goods and services, and favorable government policies that support business growth. Additionally, the fund's multifactor investment strategy, which involves analyzing multiple factors such as value, momentum, and quality, has helped it outperform its benchmark index over the past year.

Overall, John Hancock Multifactor Developed International ETF's new 52-week high is a positive sign for investors looking to invest in developed international markets. However, it's important to note that past performance is not indicative of future results, and investors should always conduct their own research before making investment decisions.