The Manufacturers Life Insurance Company Has $305.35 Million Stake in John Hancock Multifactor Mid Cap ETF $JHMM

The Manufacturers Life Insurance Company raised its position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 47.4% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 4,073,547 shares of the company’s stock after buying an additional 1,309,269 shares during the quarter. The Manufacturers Life Insurance Company owned about 0.05% of John Hancock Multifactor Mid Cap ETF worth $305,353,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in JHMM. MCF Advisors LLC bought a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 4th quarter worth approximately $30,000. Hantz Financial Services Inc. acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 4th quarter worth approximately $32,000. Pittenger & Anderson Inc. bought a new position in John Hancock Multifactor Mid Cap ETF in the first quarter valued at approximately $34,000. Elyxium Wealth LLC bought a new position in John Hancock Multifactor Mid Cap ETF in the fourth quarter valued at approximately $34,000. Finally, Strive Financial Group LLC acquired a new position in John Hancock Multifactor Mid Cap ETF during the fourth quarter valued at approximately $36,000.

John Hancock Multifactor Mid Cap ETF Price Performance

NYSEARCA JHMM opened at $73.08 on Friday. The business has a fifty day moving average price of $74.89 and a two-hundred day moving average price of $72.39. John Hancock Multifactor Mid Cap ETF has a fifty-two week low of $61.95 and a fifty-two week high of $77.45. The stock has a market capitalization of $5.85 billion, a PE ratio of 19.18 and a beta of 0.98.

John Hancock Multifactor Mid Cap ETF Dividend Announcement

The firm also recently declared a semiannual dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 26th were issued a dividend of $0.288 per share. The ex-dividend date of this dividend was Friday, June 26th. This represents a dividend yield of 78.0%.

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.