Graney & King LLC Purchases Shares of 55,992 John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Graney & King LLC acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 55,992 shares of the company’s stock, valued at approximately $3,344,000. John Hancock Multifactor Mid Cap ETF makes up about 2.5% of Graney & King LLC’s holdings, making the stock its 9th largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JHMM. Raymond James Financial Inc. purchased a new position in John Hancock Multifactor Mid Cap ETF in the 4th quarter worth approximately $120,509,000. Strategic Financial Concepts LLC increased its holdings in shares of John Hancock Multifactor Mid Cap ETF by 6,330.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,146,015 shares of the company’s stock worth $68,451,000 after purchasing an additional 1,128,194 shares during the last quarter. Gilbert & Cook Inc. purchased a new stake in shares of John Hancock Multifactor Mid Cap ETF in the fourth quarter worth about $41,420,000. Truist Financial Corp boosted its stake in John Hancock Multifactor Mid Cap ETF by 686.8% during the fourth quarter. Truist Financial Corp now owns 295,193 shares of the company’s stock valued at $17,632,000 after buying an additional 257,674 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its position in shares of John Hancock Multifactor Mid Cap ETF by 72.5% during the 4th quarter. Jones Financial Companies Lllp now owns 529,995 shares of the company’s stock valued at $31,657,000 after acquiring an additional 222,778 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Price Performance

Shares of JHMM stock opened at $58.53 on Wednesday. The company has a market cap of $3.97 billion, a PE ratio of 19.54 and a beta of 1.11. The stock’s 50 day simple moving average is $60.43 and its two-hundred day simple moving average is $60.83. John Hancock Multifactor Mid Cap ETF has a 1 year low of $53.30 and a 1 year high of $65.18.

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.