Foundry Financial Group Inc. Acquires 859 Shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Foundry Financial Group Inc. boosted its holdings in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 0.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,416 shares of the company’s stock after buying an additional 859 shares during the period. John Hancock Multifactor Mid Cap ETF makes up 3.9% of Foundry Financial Group Inc.’s holdings, making the stock its 9th largest position. Foundry Financial Group Inc.’s holdings in John Hancock Multifactor Mid Cap ETF were worth $6,237,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Arkadios Wealth Advisors increased its position in John Hancock Multifactor Mid Cap ETF by 0.5% during the 4th quarter. Arkadios Wealth Advisors now owns 35,243 shares of the company’s stock valued at $2,105,000 after buying an additional 174 shares in the last quarter. Avaii Wealth Management LLC increased its holdings in shares of John Hancock Multifactor Mid Cap ETF by 0.9% in the fourth quarter. Avaii Wealth Management LLC now owns 22,113 shares of the company’s stock valued at $1,321,000 after purchasing an additional 190 shares during the period. Cozad Asset Management Inc. increased its holdings in shares of John Hancock Multifactor Mid Cap ETF by 2.3% in the third quarter. Cozad Asset Management Inc. now owns 9,710 shares of the company’s stock valued at $585,000 after purchasing an additional 220 shares during the period. Smith Thornton Advisors LLC increased its holdings in shares of John Hancock Multifactor Mid Cap ETF by 0.4% in the third quarter. Smith Thornton Advisors LLC now owns 60,280 shares of the company’s stock valued at $3,629,000 after purchasing an additional 247 shares during the period. Finally, Grimes & Company Inc. increased its holdings in shares of John Hancock Multifactor Mid Cap ETF by 0.3% in the fourth quarter. Grimes & Company Inc. now owns 78,352 shares of the company’s stock valued at $4,680,000 after purchasing an additional 260 shares during the period.

John Hancock Multifactor Mid Cap ETF Stock Performance

Shares of JHMM stock opened at $57.84 on Friday. The stock’s 50-day simple moving average is $61.11 and its 200-day simple moving average is $60.84. The firm has a market capitalization of $3.93 billion, a PE ratio of 20.55 and a beta of 1.10. John Hancock Multifactor Mid Cap ETF has a fifty-two week low of $53.30 and a fifty-two week high of $65.18.

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.