Northwestern Mutual Wealth Management Co. Sells 193,843 Shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Northwestern Mutual Wealth Management Co. lessened its position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 9.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,935,093 shares of the company’s stock after selling 193,843 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in John Hancock Multifactor Mid Cap ETF were worth $106,508,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in JHMM. Granite Bay Wealth Management LLC raised its holdings in John Hancock Multifactor Mid Cap ETF by 7,274.6% in the second quarter. Granite Bay Wealth Management LLC now owns 5,390,290 shares of the company’s stock worth $298,558,000 after purchasing an additional 5,317,197 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in shares of John Hancock Multifactor Mid Cap ETF by 6,354.7% in the 2nd quarter. Strategic Financial Concepts LLC now owns 999,189 shares of the company’s stock worth $550,000 after acquiring an additional 983,709 shares in the last quarter. Cetera Investment Advisers lifted its position in John Hancock Multifactor Mid Cap ETF by 462.1% during the 1st quarter. Cetera Investment Advisers now owns 678,937 shares of the company’s stock valued at $38,957,000 after acquiring an additional 558,141 shares during the period. LPL Financial LLC boosted its stake in John Hancock Multifactor Mid Cap ETF by 8.3% during the second quarter. LPL Financial LLC now owns 4,314,905 shares of the company’s stock worth $237,492,000 after acquiring an additional 331,127 shares in the last quarter. Finally, &PARTNERS boosted its position in shares of John Hancock Multifactor Mid Cap ETF by 538.5% in the 2nd quarter. &PARTNERS now owns 294,451 shares of the company’s stock worth $16,207,000 after purchasing an additional 248,336 shares in the last quarter.

John Hancock Multifactor Mid Cap ETF Price Performance

Shares of NYSEARCA:JHMM opened at $60.07 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 business has a fifty day moving average price of $57.55 and a 200-day moving average price of $56.27. The company has a market capitalization of $4.02 billion, a PE ratio of 17.17 and a beta of 1.02.

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.