Assetmark Inc. Lowers Stock Holdings in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Assetmark Inc. reduced its position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 7.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,274 shares of the company’s stock after selling 481 shares during the quarter. Assetmark Inc.’s holdings in John Hancock Multifactor Mid Cap ETF were worth $378,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Creative Planning purchased a new position in John Hancock Multifactor Mid Cap ETF in the 3rd quarter worth $213,000. Envestnet Asset Management Inc. boosted its holdings in John Hancock Multifactor Mid Cap ETF by 10.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 340,057 shares of the company’s stock valued at $18,717,000 after acquiring an additional 32,245 shares during the period. CWM LLC grew its position in John Hancock Multifactor Mid Cap ETF by 13.1% during the 2nd quarter. CWM LLC now owns 2,212 shares of the company’s stock worth $122,000 after acquiring an additional 256 shares during the last quarter. Bank & Trust Co purchased a new position in John Hancock Multifactor Mid Cap ETF in the 2nd quarter worth approximately $65,000. Finally, Raymond James & Associates lifted its position in John Hancock Multifactor Mid Cap ETF by 2.9% in the second quarter. Raymond James & Associates now owns 246,328 shares of the company’s stock valued at $13,558,000 after purchasing an additional 6,904 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Stock Performance

Shares of John Hancock Multifactor Mid Cap ETF stock opened at $61.84 on Friday. John Hancock Multifactor Mid Cap ETF has a 52-week low of $47.65 and a 52-week high of $63.89. The company’s 50 day moving average price is $60.25 and its 200-day moving average price is $57.55. The stock has a market capitalization of $4.14 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.