Cetera Investment Advisers Lowers Stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Cetera Investment Advisers lessened its stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 3.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 657,017 shares of the company’s stock after selling 21,920 shares during the quarter. Cetera Investment Advisers owned approximately 0.98% of John Hancock Multifactor Mid Cap ETF worth $36,162,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in JHMM. Granite Bay Wealth Management LLC boosted its position in John Hancock Multifactor Mid Cap ETF by 30.2% during the second quarter. Granite Bay Wealth Management LLC now owns 95,153 shares of the company’s stock valued at $5,237,000 after purchasing an additional 22,060 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of John Hancock Multifactor Mid Cap ETF by 199.3% during the second quarter. NewEdge Advisors LLC now owns 63,224 shares of the company’s stock valued at $3,480,000 after buying an additional 42,103 shares during the last quarter. Smith Thornton Advisors LLC bought a new stake in shares of John Hancock Multifactor Mid Cap ETF in the 2nd quarter valued at about $3,304,000. WCG Wealth Advisors LLC purchased a new position in shares of John Hancock Multifactor Mid Cap ETF in the 2nd quarter worth approximately $603,000. Finally, Hill Island Financial LLC grew its position in shares of John Hancock Multifactor Mid Cap ETF by 1.5% in the 2nd quarter. Hill Island Financial LLC now owns 1,114,853 shares of the company’s stock worth $61,361,000 after buying an additional 16,903 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Stock Down 0.6 %

NYSEARCA:JHMM opened at $59.86 on Wednesday. The stock has a market capitalization of $4.01 billion, a price-to-earnings ratio of 17.17 and a beta of 1.02. John Hancock Multifactor Mid Cap ETF has a 52 week low of $44.07 and a 52 week high of $60.48. The firm has a 50 day moving average of $57.66 and a 200 day moving average of $56.33.

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.