John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Sets New 1-Year High – What’s Next?

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $73.01 and last traded at $72.73, with a volume of 22477 shares traded. The stock had previously closed at $72.22.

John Hancock Multifactor Mid Cap ETF Stock Performance

The firm’s 50-day simple moving average is $69.25 and its 200 day simple moving average is $67.61. The company has a market cap of $5.49 billion, a P/E ratio of 19.18 and a beta of 1.00.

Institutional Trading of John Hancock Multifactor Mid Cap ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. SouthState Bank Corp bought a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 1st quarter valued at $38,000. Sanctuary Advisors LLC raised its position in shares of John Hancock Multifactor Mid Cap ETF by 6.6% during the 1st quarter. Sanctuary Advisors LLC now owns 155,344 shares of the company’s stock valued at $10,427,000 after acquiring an additional 9,685 shares during the last quarter. Diversify Wealth Management LLC bought a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 1st quarter valued at $745,000. Pittenger & Anderson Inc. bought a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 1st quarter valued at $34,000. Finally, Fifth Third Bancorp raised its position in shares of John Hancock Multifactor Mid Cap ETF by 1,638.4% during the 1st quarter. Fifth Third Bancorp now owns 26,511 shares of the company’s stock valued at $1,779,000 after acquiring an additional 24,986 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Company 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.