MML Investors Services LLC Grows Stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

MML Investors Services LLC raised its holdings in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 4.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 8,837 shares of the company’s stock after buying an additional 384 shares during the quarter. MML Investors Services LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $532,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in JHMM. Kingsview Wealth Management LLC bought a new stake in John Hancock Multifactor Mid Cap ETF in the third quarter valued at $1,087,000. Creative Planning purchased a new stake in shares of John Hancock Multifactor Mid Cap ETF in the 3rd quarter worth about $213,000. FMR LLC boosted its stake in shares of John Hancock Multifactor Mid Cap ETF by 24.9% during the 3rd quarter. FMR LLC now owns 6,993 shares of the company’s stock valued at $421,000 after purchasing an additional 1,395 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of John Hancock Multifactor Mid Cap ETF by 10.5% during the second quarter. Envestnet Asset Management Inc. now owns 340,057 shares of the company’s stock valued at $18,717,000 after buying an additional 32,245 shares during the period. Finally, MGO One Seven LLC increased its position in shares of John Hancock Multifactor Mid Cap ETF by 7.1% during the second quarter. MGO One Seven LLC now owns 27,597 shares of the company’s stock valued at $1,519,000 after buying an additional 1,820 shares during the period.

John Hancock Multifactor Mid Cap ETF Price Performance

Shares of JHMM opened at $60.56 on Monday. The company has a 50-day simple moving average of $62.21 and a two-hundred day simple moving average of $58.86. The firm has a market capitalization of $4.06 billion, a PE ratio of 17.17 and a beta of 1.02. John Hancock Multifactor Mid Cap ETF has a one year low of $50.84 and a one year 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.