Granite Bay Wealth Management LLC Has $45.41 Million Holdings in John Hancock Multifactor Mid Cap ETF $JHMM

Granite Bay Wealth Management LLC raised its holdings in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 3.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 676,992 shares of the company’s stock after buying an additional 23,206 shares during the period. John Hancock Multifactor Mid Cap ETF comprises approximately 9.7% of Granite Bay Wealth Management LLC’s investment portfolio, making the stock its biggest position. Granite Bay Wealth Management LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $45,413,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Simplicity Wealth LLC raised its holdings in shares of John Hancock Multifactor Mid Cap ETF by 31.2% in the first quarter. Simplicity Wealth LLC now owns 87,127 shares of the company’s stock worth $5,848,000 after buying an additional 20,741 shares during the period. Kestra Advisory Services LLC boosted its holdings in John Hancock Multifactor Mid Cap ETF by 21.7% during the 1st quarter. Kestra Advisory Services LLC now owns 163,533 shares of the company’s stock valued at $10,976,000 after acquiring an additional 29,166 shares during the period. Ascentis Independent Advisors purchased a new position in John Hancock Multifactor Mid Cap ETF during the 1st quarter valued at $56,000. Evolution Wealth Management Inc. grew its position in John Hancock Multifactor Mid Cap ETF by 311.5% in the 1st quarter. Evolution Wealth Management Inc. now owns 4,115 shares of the company’s stock valued at $276,000 after acquiring an additional 3,115 shares during the last quarter. Finally, World Investment Advisors grew its position in John Hancock Multifactor Mid Cap ETF by 4.3% in the 1st quarter. World Investment Advisors now owns 9,689 shares of the company’s stock valued at $650,000 after acquiring an additional 403 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Stock Up 0.2%

JHMM stock opened at $74.18 on Friday. The business’s fifty day simple moving average is $73.23 and its two-hundred day simple moving average is $70.41. John Hancock Multifactor Mid Cap ETF has a twelve month low of $60.63 and a twelve month high of $75.48. The firm has a market cap of $5.87 billion, a price-to-earnings ratio of 19.18 and a beta of 0.98.

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.