Sanchez Wealth Management Group Trims Holdings in John Hancock Multifactor Mid Cap ETF $JHMM

Sanchez Wealth Management Group trimmed its holdings in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 26.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 169,389 shares of the company’s stock after selling 60,154 shares during the quarter. John Hancock Multifactor Mid Cap ETF accounts for approximately 2.4% of Sanchez Wealth Management Group’s investment portfolio, making the stock its 17th largest holding. Sanchez Wealth Management Group’s holdings in John Hancock Multifactor Mid Cap ETF were worth $10,958,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. boosted its position in 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 during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of John Hancock Multifactor Mid Cap ETF by 0.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,657,127 shares of the company’s stock valued at $101,300,000 after acquiring an additional 7,606 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 24.7% in the third quarter. Jones Financial Companies Lllp now owns 1,387,326 shares of the company’s stock valued at $89,455,000 after purchasing an additional 274,723 shares during the period. Bank of America Corp DE boosted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 2.7% in the second quarter. Bank of America Corp DE now owns 938,551 shares of the company’s stock valued at $57,374,000 after purchasing an additional 25,101 shares during the period. Finally, Gilbert & Cook Inc. grew its stake in John Hancock Multifactor Mid Cap ETF by 7.9% in the second quarter. Gilbert & Cook Inc. now owns 927,280 shares of the company’s stock worth $56,685,000 after purchasing an additional 67,613 shares in the last quarter.

John Hancock Multifactor Mid Cap ETF Stock Performance

Shares of JHMM stock opened at $70.90 on Wednesday. John Hancock Multifactor Mid Cap ETF has a twelve month low of $49.29 and a twelve month high of $71.18. The stock has a market capitalization of $5.03 billion, a price-to-earnings ratio of 19.18 and a beta of 1.04. The stock has a fifty day simple moving average of $67.67 and a two-hundred day simple moving average of $65.29.

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.