John Hancock Multifactor Mid Cap ETF $JHMM Holdings Lowered by Focus Partners Wealth

Focus Partners Wealth trimmed its stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 30.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 679,135 shares of the company’s stock after selling 291,470 shares during the quarter. Focus Partners Wealth’s holdings in John Hancock Multifactor Mid Cap ETF were worth $44,470,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Diversify Advisory Services LLC bought a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 4th quarter worth about $763,000. Summit Wealth Group LLC Co. bought a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 4th quarter worth about $2,072,000. Elevation Point Wealth Partners LLC bought a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 3rd quarter worth about $2,496,000. Concurrent Investment Advisors LLC raised its position in shares of John Hancock Multifactor Mid Cap ETF by 21.1% during the 4th quarter. Concurrent Investment Advisors LLC now owns 45,691 shares of the company’s stock worth $2,992,000 after buying an additional 7,969 shares in the last quarter. Finally, Sanchez Wealth Management Group raised its position in shares of John Hancock Multifactor Mid Cap ETF by 6.8% during the 4th quarter. Sanchez Wealth Management Group now owns 180,900 shares of the company’s stock worth $11,845,000 after buying an additional 11,511 shares in the last quarter.

John Hancock Multifactor Mid Cap ETF Trading Up 0.4%

JHMM stock opened at $74.60 on Tuesday. John Hancock Multifactor Mid Cap ETF has a 52 week low of $59.27 and a 52 week high of $75.24. The company has a market capitalization of $5.62 billion, a price-to-earnings ratio of 19.18 and a beta of 0.99. The firm’s 50-day moving average is $71.84 and its two-hundred day moving average is $69.34.

John Hancock Multifactor Mid Cap ETF Profile

The John Hancock Multifactor Mid Cap ETF (JHMM) is an exchange-traded fund that is based on the John Hancock Dimensional Mid Cap index. The fund tracks an index of US firms ranked 200-950 by size, weighted by multiple factors relative to their sector peers. JHMM was launched on Sep 28, 2015 and is managed by John Hancock.