John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Hits New 52-Week High – What’s Next?

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $75.31 and last traded at $75.27, with a volume of 30467 shares changing hands. The stock had previously closed at $74.14.

John Hancock Multifactor Mid Cap ETF Price Performance

The business has a 50 day simple moving average of $72.52 and a 200 day simple moving average of $69.76. The company has a market capitalization of $5.64 billion, a price-to-earnings ratio of 19.18 and a beta of 0.99.

Hedge Funds Weigh In On John Hancock Multifactor Mid Cap ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of JHMM. MCF Advisors LLC acquired a new position in John Hancock Multifactor Mid Cap ETF in the 4th quarter valued at about $30,000. Hantz Financial Services Inc. purchased a new position in shares of John Hancock Multifactor Mid Cap ETF in the fourth quarter valued at approximately $32,000. Elyxium Wealth LLC purchased a new position in shares of John Hancock Multifactor Mid Cap ETF in the fourth quarter valued at approximately $34,000. Pittenger & Anderson Inc. acquired a new position in shares of John Hancock Multifactor Mid Cap ETF in the first quarter valued at approximately $34,000. Finally, Strive Financial Group LLC acquired a new position in shares of John Hancock Multifactor Mid Cap ETF in the fourth quarter valued at approximately $36,000.

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.