John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Reaches New 52-Week High – Here’s What Happened

Shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) reached a new 52-week high during trading on Friday . The stock traded as high as $65.82 and last traded at $65.79, with a volume of 30231 shares changing hands. The stock had previously closed at $65.37.

John Hancock Multifactor Mid Cap ETF Stock Performance

The stock has a market cap of $4.50 billion, a PE ratio of 19.18 and a beta of 1.04. The company’s 50-day moving average price is $64.40 and its 200 day moving average price is $62.73.

Hedge Funds Weigh In On John Hancock Multifactor Mid Cap ETF

Several large investors have recently modified their holdings of the business. Assetmark Inc. increased its position in shares of John Hancock Multifactor Mid Cap ETF by 33.0% during the 1st quarter. Assetmark Inc. now owns 8,156 shares of the company’s stock worth $467,000 after purchasing an additional 2,023 shares during the last quarter. MGO One Seven LLC boosted its stake in John Hancock Multifactor Mid Cap ETF by 4.8% during the first quarter. MGO One Seven LLC now owns 43,225 shares of the company’s stock worth $2,477,000 after buying an additional 1,961 shares during the period. MONECO Advisors LLC boosted its stake in John Hancock Multifactor Mid Cap ETF by 4.4% during the first quarter. MONECO Advisors LLC now owns 26,398 shares of the company’s stock worth $1,513,000 after buying an additional 1,102 shares during the period. Commonwealth Equity Services LLC increased its position in shares of John Hancock Multifactor Mid Cap ETF by 2.1% during the first quarter. Commonwealth Equity Services LLC now owns 1,862,626 shares of the company’s stock valued at $106,728,000 after acquiring an additional 39,082 shares during the last quarter. Finally, Thoroughbred Financial Services LLC raised its stake in shares of John Hancock Multifactor Mid Cap ETF by 31.7% in the 1st quarter. Thoroughbred Financial Services LLC now owns 5,485 shares of the company’s stock valued at $314,000 after acquiring an additional 1,320 shares during the period.

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.