Royal Bank of Canada Sells 98,885 Shares of John Hancock Multifactor Mid Cap ETF $JHMM

Royal Bank of Canada trimmed its stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 7.0% in the first quarter, Holdings Channel.com reports. The fund owned 1,311,410 shares of the company’s stock after selling 98,885 shares during the quarter. Royal Bank of Canada’s holdings in John Hancock Multifactor Mid Cap ETF were worth $88,022,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in shares of John Hancock Multifactor Mid Cap ETF by 16.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 52,814 shares of the company’s stock valued at $3,229,000 after acquiring an additional 7,635 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of John Hancock Multifactor Mid Cap ETF by 99.7% during the 2nd quarter. NewEdge Advisors LLC now owns 136,398 shares of the company’s stock worth $8,338,000 after purchasing an additional 68,085 shares during the period. Betterment LLC boosted its stake in John Hancock Multifactor Mid Cap ETF by 1.0% in the second quarter. Betterment LLC now owns 22,036 shares of the company’s stock valued at $1,347,000 after acquiring an additional 211 shares during the last quarter. Raymond James Financial Inc. grew its holdings in John Hancock Multifactor Mid Cap ETF by 22.0% during the second quarter. Raymond James Financial Inc. now owns 2,768,787 shares of the company’s stock valued at $169,256,000 after purchasing an additional 499,311 shares during the period. Finally, Graney & King LLC increased its holdings in John Hancock Multifactor Mid Cap ETF by 9.4% in the 2nd quarter. Graney & King LLC now owns 65,944 shares of the company’s stock worth $4,031,000 after acquiring an additional 5,639 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Stock Performance

Shares of John Hancock Multifactor Mid Cap ETF stock opened at $74.06 on Friday. The stock has a market capitalization of $5.93 billion, a P/E ratio of 19.18 and a beta of 0.98. John Hancock Multifactor Mid Cap ETF has a 52-week low of $60.66 and a 52-week high of $75.48. The stock’s 50-day simple moving average is $73.83 and its 200 day simple moving average is $71.15.

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.