HighTower Advisors LLC Sells 1,903 Shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

HighTower Advisors LLC reduced its holdings in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 35.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 3,434 shares of the company’s stock after selling 1,903 shares during the period. HighTower Advisors LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $206,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Strategic Financial Concepts LLC boosted its holdings in John Hancock Multifactor Mid Cap ETF by 6,354.7% in the second quarter. Strategic Financial Concepts LLC now owns 999,189 shares of the company’s stock valued at $550,000 after acquiring an additional 983,709 shares during the last quarter. LPL Financial LLC lifted its stake in shares of John Hancock Multifactor Mid Cap ETF by 8.3% in the 2nd quarter. LPL Financial LLC now owns 4,314,905 shares of the company’s stock valued at $237,492,000 after purchasing an additional 331,127 shares during the period. Larson Financial Group LLC increased its holdings in John Hancock Multifactor Mid Cap ETF by 1,105.8% in the third quarter. Larson Financial Group LLC now owns 82,127 shares of the company’s stock worth $4,944,000 after purchasing an additional 75,316 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of John Hancock Multifactor Mid Cap ETF during the 2nd quarter worth approximately $3,824,000. Finally, Smith Thornton Advisors LLC bought a new stake in shares of John Hancock Multifactor Mid Cap ETF in the 2nd quarter valued at $3,304,000.

John Hancock Multifactor Mid Cap ETF Stock Performance

JHMM stock opened at $61.05 on Thursday. The stock’s 50 day simple moving average is $62.20 and its 200 day simple moving average is $58.97. The company has a market cap of $4.09 billion, a P/E ratio of 17.17 and a beta of 1.02. John Hancock Multifactor Mid Cap ETF has a fifty-two week low of $50.84 and a fifty-two week high of $65.18.

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.