International Assets Investment Management LLC Invests $2.11 Million in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

International Assets Investment Management LLC purchased a new stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 35,393 shares of the company’s stock, valued at approximately $2,113,000. International Assets Investment Management LLC owned 0.05% of John Hancock Multifactor Mid Cap ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cozad Asset Management Inc. increased its stake in shares of John Hancock Multifactor Mid Cap ETF by 2.3% during the third quarter. Cozad Asset Management Inc. now owns 9,710 shares of the company’s stock worth $585,000 after purchasing an additional 220 shares during the period. Smith Thornton Advisors LLC grew its holdings in John Hancock Multifactor Mid Cap ETF by 0.4% in the 3rd quarter. Smith Thornton Advisors LLC now owns 60,280 shares of the company’s stock valued at $3,629,000 after buying an additional 247 shares in the last quarter. Avaii Wealth Management LLC increased its position in John Hancock Multifactor Mid Cap ETF by 1.2% during the 3rd quarter. Avaii Wealth Management LLC now owns 21,923 shares of the company’s stock worth $1,320,000 after buying an additional 266 shares during the period. Weaver Consulting Group lifted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 7.1% during the third quarter. Weaver Consulting Group now owns 5,761 shares of the company’s stock worth $347,000 after buying an additional 384 shares in the last quarter. Finally, MML Investors Services LLC boosted its position in shares of John Hancock Multifactor Mid Cap ETF by 4.5% in the third quarter. MML Investors Services LLC now owns 8,837 shares of the company’s stock valued at $532,000 after acquiring an additional 384 shares during the period.

John Hancock Multifactor Mid Cap ETF Stock Performance

NYSEARCA:JHMM opened at $60.24 on Thursday. John Hancock Multifactor Mid Cap ETF has a 52 week low of $50.84 and a 52 week high of $65.18. The firm’s 50-day simple moving average is $62.12 and its 200 day simple moving average is $59.32. The firm has a market cap of $4.03 billion, a price-to-earnings ratio of 17.17 and a beta of 1.02.

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.