WCG Wealth Advisors LLC Takes $603,000 Position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

WCG Wealth Advisors LLC bought a new stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,953 shares of the company’s stock, valued at approximately $603,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Granite Bay Wealth Management LLC lifted its stake in John Hancock Multifactor Mid Cap ETF by 7,274.6% in the second quarter. Granite Bay Wealth Management LLC now owns 5,390,290 shares of the company’s stock valued at $298,558,000 after buying an additional 5,317,197 shares during the period. LPL Financial LLC lifted its stake 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 buying an additional 331,127 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in John Hancock Multifactor Mid Cap ETF by 0.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,897,561 shares of the company’s stock valued at $104,442,000 after buying an additional 15,497 shares during the period. Commonwealth Equity Services LLC lifted its stake in John Hancock Multifactor Mid Cap ETF by 1.8% in the second quarter. Commonwealth Equity Services LLC now owns 1,696,194 shares of the company’s stock valued at $93,359,000 after buying an additional 30,165 shares during the period. Finally, Smith Anglin Financial LLC lifted its stake in John Hancock Multifactor Mid Cap ETF by 4.4% in the second quarter. Smith Anglin Financial LLC now owns 1,282,518 shares of the company’s stock valued at $70,590,000 after buying an additional 54,405 shares during the period.

John Hancock Multifactor Mid Cap ETF Trading Up 1.7 %

NYSEARCA:JHMM opened at $59.84 on Friday. The firm has a market capitalization of $4.01 billion, a price-to-earnings ratio of 17.17 and a beta of 1.02. The business’s 50-day moving average price is $57.21 and its two-hundred day moving average price is $56.08. John Hancock Multifactor Mid Cap ETF has a 1-year low of $44.07 and a 1-year high of $59.96.

John Hancock Multifactor Mid Cap ETF Cuts Dividend

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

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.