NEW YORK ( TheStreet) -- Manulife Financial Corporation (NYSE: MFC) hit a new 52-week high Monday as it is currently trading at $16.61, above its previous 52-week high of $16.50 with 45,267 shares traded as of 9:31 a.m. ET. Average volume has been two million shares over the past 30 days. Manulife Financial has a market cap of $29.61 billion and is part of the financial sector and insurance industry. Shares are up 20.5% year to date as of the close of trading on Friday. Manulife Financial Corporation, together with its subsidiaries, provides financial protection and wealth management products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States.