Granite Bay Wealth Management LLC Has $6.72 Million Stock Position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Granite Bay Wealth Management LLC increased its stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 17.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 111,559 shares of the company’s stock after buying an additional 16,406 shares during the quarter. John Hancock Multifactor Mid Cap ETF comprises approximately 3.8% of Granite Bay Wealth Management LLC’s portfolio, making the stock its 11th largest holding. Granite Bay Wealth Management LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $6,716,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JHMM. TNF LLC increased its holdings in John Hancock Multifactor Mid Cap ETF by 4.2% in the 2nd quarter. TNF LLC now owns 4,863 shares of the company’s stock valued at $273,000 after buying an additional 196 shares during the period. CWM LLC grew its holdings in shares of John Hancock Multifactor Mid Cap ETF by 13.1% in the 2nd quarter. CWM LLC now owns 2,212 shares of the company’s stock worth $122,000 after purchasing an additional 256 shares during the last quarter. Clear Investment Research LLC grew its holdings in shares of John Hancock Multifactor Mid Cap ETF by 22.1% in the 1st quarter. Clear Investment Research LLC now owns 1,687 shares of the company’s stock worth $97,000 after purchasing an additional 305 shares during the last quarter. Vicus Capital lifted its position in John Hancock Multifactor Mid Cap ETF by 3.2% during the 2nd quarter. Vicus Capital now owns 12,622 shares of the company’s stock worth $695,000 after buying an additional 391 shares in the last quarter. Finally, Avaii Wealth Management LLC lifted its position in John Hancock Multifactor Mid Cap ETF by 2.1% during the 2nd quarter. Avaii Wealth Management LLC now owns 21,657 shares of the company’s stock worth $1,192,000 after buying an additional 450 shares in the last quarter.

John Hancock Multifactor Mid Cap ETF Trading Down 0.3 %

John Hancock Multifactor Mid Cap ETF stock opened at $59.62 on Friday. John Hancock Multifactor Mid Cap ETF has a 1 year low of $44.07 and a 1 year high of $60.48. The company has a market cap of $3.99 billion, a PE ratio of 17.17 and a beta of 1.02. The company’s 50-day moving average is $57.80 and its two-hundred day moving average is $56.38.

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.