Envestnet Asset Management Inc. Has $18.72 Million Stock Position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Envestnet Asset Management Inc. lifted its stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 10.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 340,057 shares of the company’s stock after acquiring an additional 32,245 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.51% of John Hancock Multifactor Mid Cap ETF worth $18,717,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of JHMM. Granite Bay Wealth Management LLC increased its position in John Hancock Multifactor Mid Cap ETF by 7,274.6% during the second 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. LPL Financial LLC increased its position in John Hancock Multifactor Mid Cap ETF by 8.3% during the second quarter. LPL Financial LLC now owns 4,314,905 shares of the company’s stock worth $237,492,000 after buying an additional 331,127 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in John Hancock Multifactor Mid Cap ETF by 0.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,897,561 shares of the company’s stock worth $104,442,000 after buying an additional 15,497 shares during the last quarter. Commonwealth Equity Services LLC increased its position in John Hancock Multifactor Mid Cap ETF by 1.8% during the second quarter. Commonwealth Equity Services LLC now owns 1,696,194 shares of the company’s stock worth $93,359,000 after buying an additional 30,165 shares during the last quarter. Finally, Smith Anglin Financial LLC grew its position in shares of 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 purchasing an additional 54,405 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Trading Up 0.6 %

John Hancock Multifactor Mid Cap ETF stock opened at $59.86 on Tuesday. John Hancock Multifactor Mid Cap ETF has a 12 month low of $44.07 and a 12 month high of $59.99. The stock’s 50 day moving average is $57.33 and its 200-day moving average is $56.15. The company has a market capitalization of $4.01 billion, a price-to-earnings ratio of 17.17 and a beta of 1.02.

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.