D.B. Root & Company LLC Reduces Position in John Hancock Multifactor Mid Cap ETF $JHMM

D.B. Root & Company LLC decreased its stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 15.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,079 shares of the company’s stock after selling 3,737 shares during the period. D.B. Root & Company LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $1,289,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of JHMM. SVB Wealth LLC purchased a new position in John Hancock Multifactor Mid Cap ETF during the first quarter worth $29,000. Golden State Wealth Management LLC purchased a new position in John Hancock Multifactor Mid Cap ETF during the first quarter worth $34,000. Pinnacle Bancorp Inc. increased its position in John Hancock Multifactor Mid Cap ETF by 123.3% during the first quarter. Pinnacle Bancorp Inc. now owns 2,456 shares of the company’s stock worth $141,000 after buying an additional 1,356 shares in the last quarter. Advisor Resource Council purchased a new position in John Hancock Multifactor Mid Cap ETF during the first quarter worth $205,000. Finally, ORG Partners LLC increased its position in John Hancock Multifactor Mid Cap ETF by 300.1% during the second quarter. ORG Partners LLC now owns 3,365 shares of the company’s stock worth $208,000 after buying an additional 2,524 shares in the last quarter.

John Hancock Multifactor Mid Cap ETF Stock Performance

John Hancock Multifactor Mid Cap ETF stock opened at $65.20 on Monday. The stock has a fifty day moving average of $63.68 and a two-hundred day moving average of $60.29. The company has a market capitalization of $4.46 billion, a price-to-earnings ratio of 19.18 and a beta of 1.08. John Hancock Multifactor Mid Cap ETF has a fifty-two week low of $49.29 and a fifty-two week high of $65.58.

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.