Cambridge Investment Research Advisors Inc. Boosts Stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Cambridge Investment Research Advisors Inc. increased its holdings in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 1.3% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 497,925 shares of the company’s stock after buying an additional 6,425 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.74% of John Hancock Multifactor Mid Cap ETF worth $27,406,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of JHMM. CWM LLC boosted its position in John Hancock Multifactor Mid Cap ETF by 8.8% in the fourth quarter. CWM LLC now owns 3,041 shares of the company’s stock worth $160,000 after purchasing an additional 245 shares during the last quarter. Atria Wealth Solutions Inc. boosted its stake in shares of John Hancock Multifactor Mid Cap ETF by 19.0% during the 4th quarter. Atria Wealth Solutions Inc. now owns 90,717 shares of the company’s stock worth $4,777,000 after acquiring an additional 14,469 shares during the last quarter. Valmark Advisers Inc. increased its stake in shares of John Hancock Multifactor Mid Cap ETF by 2.4% in the 4th quarter. Valmark Advisers Inc. now owns 39,458 shares of the company’s stock worth $2,078,000 after purchasing an additional 919 shares in the last quarter. Magnus Financial Group LLC raised its holdings in John Hancock Multifactor Mid Cap ETF by 2.5% in the 4th quarter. Magnus Financial Group LLC now owns 24,053 shares of the company’s stock worth $1,267,000 after purchasing an additional 580 shares during the period. Finally, Avaii Wealth Management LLC raised its holdings in John Hancock Multifactor Mid Cap ETF by 13.2% in the 4th quarter. Avaii Wealth Management LLC now owns 21,129 shares of the company’s stock worth $1,113,000 after purchasing an additional 2,458 shares during the period.

John Hancock Multifactor Mid Cap ETF Stock Down 0.1 %

NYSEARCA:JHMM traded down $0.06 during mid-day trading on Tuesday, hitting $58.45. 93,619 shares of the company traded hands, compared to its average volume of 197,051. The stock’s fifty day moving average price is $56.13 and its 200-day moving average price is $55.58. The firm has a market cap of $3.91 billion, a price-to-earnings ratio of 17.17 and a beta of 1.02. John Hancock Multifactor Mid Cap ETF has a one year low of $44.07 and a one year high of $59.04.

John Hancock Multifactor Mid Cap ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Investors of record on Wednesday, June 26th were paid a dividend of $0.2381 per share. The ex-dividend date of this dividend was Wednesday, June 26th.

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.