John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Sets New 1-Year High – What’s Next?

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $73.01 and last traded at $72.73, with a volume of 22477 shares trading hands. The stock had previously closed at $72.22.

John Hancock Multifactor Mid Cap ETF Stock Performance

The stock’s 50-day moving average is $69.25 and its 200 day moving average is $67.61. The firm has a market cap of $5.49 billion, a P/E ratio of 19.18 and a beta of 1.00.

Institutional Trading of John Hancock Multifactor Mid Cap ETF

A number of large investors have recently made changes to their positions in JHMM. Raymond James Financial Inc. increased its position in shares of John Hancock Multifactor Mid Cap ETF by 22.0% in the 2nd quarter. Raymond James Financial Inc. now owns 2,768,787 shares of the company’s stock valued at $169,256,000 after buying an additional 499,311 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of John Hancock Multifactor Mid Cap ETF by 1,466.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 487,287 shares of the company’s stock valued at $31,523,000 after buying an additional 456,183 shares in the last quarter. Nvest Wealth Strategies Inc. bought a new stake in shares of John Hancock Multifactor Mid Cap ETF in the 4th quarter valued at $28,261,000. Focus Partners Wealth increased its position in shares of John Hancock Multifactor Mid Cap ETF by 40.1% in the 3rd quarter. Focus Partners Wealth now owns 970,605 shares of the company’s stock valued at $62,438,000 after buying an additional 277,765 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its position in shares of John Hancock Multifactor Mid Cap ETF by 24.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,387,326 shares of the company’s stock valued at $89,455,000 after buying an additional 274,723 shares in the last quarter.

About John Hancock Multifactor Mid Cap ETF

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.