John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Hits New 1-Year High at $59.25

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $59.25 and last traded at $59.21, with a volume of 16127 shares traded. The stock had previously closed at $58.68.

John Hancock Multifactor Mid Cap ETF Stock Performance

The company has a market capitalization of $3.94 billion, a price-to-earnings ratio of 17.17 and a beta of 1.02. The firm has a fifty day moving average price of $57.14 and a 200-day moving average price of $56.06.

John Hancock Multifactor Mid Cap ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, June 28th. Stockholders of record on Wednesday, June 26th were issued a dividend of $0.2381 per share. The ex-dividend date of this dividend was Wednesday, June 26th.

Institutional Trading of John Hancock Multifactor Mid Cap ETF

Several large investors have recently modified their holdings of the stock. Granite Bay Wealth Management LLC lifted its position in shares of John Hancock Multifactor Mid Cap ETF by 7,274.6% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 5,390,290 shares of the company’s stock worth $298,558,000 after buying an additional 5,317,197 shares during the last quarter. Strategic Financial Concepts LLC lifted its position in shares of John Hancock Multifactor Mid Cap ETF by 6,354.7% during the 2nd quarter. Strategic Financial Concepts LLC now owns 999,189 shares of the company’s stock worth $550,000 after buying an additional 983,709 shares during the last quarter. Cetera Investment Advisers raised its position in John Hancock Multifactor Mid Cap ETF by 462.1% in the first quarter. Cetera Investment Advisers now owns 678,937 shares of the company’s stock valued at $38,957,000 after purchasing an additional 558,141 shares during the last quarter. LPL Financial LLC raised its position in John Hancock Multifactor Mid Cap ETF by 8.3% in the second quarter. LPL Financial LLC now owns 4,314,905 shares of the company’s stock valued at $237,492,000 after purchasing an additional 331,127 shares during the last quarter. Finally, &PARTNERS raised its position in John Hancock Multifactor Mid Cap ETF by 538.5% in the second quarter. &PARTNERS now owns 294,451 shares of the company’s stock valued at $16,207,000 after purchasing an additional 248,336 shares during the last quarter.

About John Hancock Multifactor Mid Cap ETF

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.