The Manufacturers Life Insurance Company Reduces Stock Position in John Hancock Multifactor Small Cap ETF $JHSC

The Manufacturers Life Insurance Company reduced its stake in John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) by 17.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,217,341 shares of the company’s stock after selling 681,754 shares during the period. The Manufacturers Life Insurance Company owned approximately 21.38% of John Hancock Multifactor Small Cap ETF worth $156,234,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE lifted its position in John Hancock Multifactor Small Cap ETF by 4.6% in the 1st quarter. Bank of America Corp DE now owns 2,238,444 shares of the company’s stock worth $96,007,000 after buying an additional 98,921 shares during the last quarter. Sims Investment Management LLC grew its position in John Hancock Multifactor Small Cap ETF by 8.5% during the first quarter. Sims Investment Management LLC now owns 349,386 shares of the company’s stock valued at $14,985,000 after acquiring an additional 27,440 shares during the last quarter. Simplicity Wealth LLC raised its stake in shares of John Hancock Multifactor Small Cap ETF by 30.8% during the first quarter. Simplicity Wealth LLC now owns 51,747 shares of the company’s stock worth $2,219,000 after acquiring an additional 12,173 shares in the last quarter. Money Concepts Capital Corp purchased a new stake in shares of John Hancock Multifactor Small Cap ETF in the 1st quarter valued at $2,682,000. Finally, JNBA Financial Advisors boosted its stake in shares of John Hancock Multifactor Small Cap ETF by 123.7% in the 2nd quarter. JNBA Financial Advisors now owns 40,234 shares of the company’s stock valued at $1,954,000 after purchasing an additional 22,250 shares in the last quarter.

John Hancock Multifactor Small Cap ETF Stock Performance

JHSC stock opened at $47.31 on Friday. The firm has a market cap of $712.02 million, a P/E ratio of 15.76 and a beta of 1.00. The firm’s fifty day moving average is $48.58 and its 200 day moving average is $46.68. John Hancock Multifactor Small Cap ETF has a 52 week low of $39.61 and a 52 week high of $50.00.

John Hancock Multifactor Small Cap ETF Announces Dividend

The business also recently disclosed a semiannual dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 26th were issued a $0.1904 dividend. The ex-dividend date was Friday, June 26th. This represents a dividend yield of 78.0%.

About John Hancock Multifactor Small Cap ETF

The John Hancock Multifactor Small Cap ETF (JHSC) is an exchange-traded fund that is based on the John Hancock Dimensional Small Cap index. The fund tracks an index of US small-cap stocks selected by relative price and profitability. Securities are weighted by multiple factors relative to their sector peers. JHSC was launched on Nov 8, 2017 and is managed by John Hancock.