John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Stake Trimmed by Waterloo Capital L.P.

Waterloo Capital L.P. cut its position in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 15.6% in the second quarter, Holdings Channel.com reports. The institutional investor owned 26,547 shares of the company’s stock after selling 4,906 shares during the period. Waterloo Capital L.P.’s holdings in John Hancock Multifactor Mid Cap ETF were worth $1,461,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Principal Securities Inc. acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF in the fourth quarter worth $44,000. ORG Partners LLC purchased a new stake in John Hancock Multifactor Mid Cap ETF in the 2nd quarter worth about $46,000. Ashton Thomas Private Wealth LLC acquired a new stake in John Hancock Multifactor Mid Cap ETF during the 2nd quarter worth about $50,000. Pinnacle Bancorp Inc. purchased a new position in John Hancock Multifactor Mid Cap ETF during the 1st quarter valued at about $63,000. Finally, Bank & Trust Co acquired a new position in shares of John Hancock Multifactor Mid Cap ETF in the 2nd quarter valued at about $65,000.

John Hancock Multifactor Mid Cap ETF Stock Performance

JHMM stock opened at $58.86 on Thursday. The firm has a 50 day simple moving average of $57.14 and a 200 day simple moving average of $56.06. John Hancock Multifactor Mid Cap ETF has a 52 week low of $44.07 and a 52 week high of $59.70. The stock has a market cap of $3.94 billion, a P/E ratio of 17.17 and a beta of 1.02.

John Hancock Multifactor Mid Cap ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, June 28th. Shareholders of record on Wednesday, June 26th were paid a dividend of $0.2381 per share. The ex-dividend date of this dividend was Wednesday, June 26th.

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.