John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) is Hill Island Financial LLC’s Largest Position

Hill Island Financial LLC increased its position in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 1.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,114,853 shares of the company’s stock after buying an additional 16,903 shares during the quarter. John Hancock Multifactor Mid Cap ETF comprises approximately 20.1% of Hill Island Financial LLC’s portfolio, making the stock its largest position. Hill Island Financial LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $61,361,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in JHMM. SigFig Wealth Management LLC boosted its position in shares of John Hancock Multifactor Mid Cap ETF by 7.9% during the 2nd quarter. SigFig Wealth Management LLC now owns 11,302 shares of the company’s stock worth $622,000 after purchasing an additional 832 shares during the period. Foundry Financial Group Inc. boosted its position in shares of John Hancock Multifactor Mid Cap ETF by 4.4% during the second quarter. Foundry Financial Group Inc. now owns 102,980 shares of the company’s stock worth $5,668,000 after buying an additional 4,335 shares during the period. Envestnet Asset Management Inc. grew its position in John Hancock Multifactor Mid Cap ETF by 10.5% in 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 in the last quarter. Executive Wealth Management LLC boosted its stake in shares of John Hancock Multifactor Mid Cap ETF by 8.6% in the second quarter. Executive Wealth Management LLC now owns 294,822 shares of the company’s stock valued at $16,227,000 after purchasing an additional 23,334 shares during the period. Finally, Linscomb Wealth Inc. grew its holdings in shares of John Hancock Multifactor Mid Cap ETF by 8.4% in the second quarter. Linscomb Wealth Inc. now owns 50,701 shares of the company’s stock valued at $2,791,000 after purchasing an additional 3,936 shares in the last quarter.

John Hancock Multifactor Mid Cap ETF Stock Up 0.8 %

John Hancock Multifactor Mid Cap ETF stock opened at $58.68 on Tuesday. The company’s 50 day moving average is $56.97 and its two-hundred day moving average is $56.01. The firm has a market cap of $3.93 billion, a PE ratio of 17.17 and a beta of 1.02. John Hancock Multifactor Mid Cap ETF has a 52-week low of $44.07 and a 52-week high of $59.04.

John Hancock Multifactor Mid Cap ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, June 28th. Shareholders of record on Wednesday, June 26th were issued 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.