John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Sees Strong Trading Volume – Here’s Why

Shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMMGet Free Report) saw strong trading volume on Wednesday . 826,533 shares were traded during trading, an increase of 333% from the previous session’s volume of 190,811 shares.The stock last traded at $63.27 and had previously closed at $63.01.

John Hancock Multifactor Mid Cap ETF Price Performance

The stock has a 50-day moving average of $62.06 and a 200-day moving average of $58.60. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 17.17 and a beta of 1.02.

Institutional Investors Weigh In On John Hancock Multifactor Mid Cap ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Strategic Financial Concepts LLC increased its position in John Hancock Multifactor Mid Cap ETF by 6,354.7% during the 2nd quarter. Strategic Financial Concepts LLC now owns 999,189 shares of the company’s stock worth $550,000 after purchasing an additional 983,709 shares in the last quarter. LPL Financial LLC lifted its stake in shares of John Hancock Multifactor Mid Cap ETF by 8.3% in the 2nd quarter. LPL Financial LLC now owns 4,314,905 shares of the company’s stock valued at $237,492,000 after acquiring an additional 331,127 shares during the last quarter. &PARTNERS lifted its stake in shares of John Hancock Multifactor Mid Cap ETF by 538.5% in the 2nd quarter. &PARTNERS now owns 294,451 shares of the company’s stock valued at $16,207,000 after acquiring an additional 248,336 shares during the last quarter. Larson Financial Group LLC boosted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 1,105.8% during the 3rd quarter. Larson Financial Group LLC now owns 82,127 shares of the company’s stock valued at $4,944,000 after acquiring an additional 75,316 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in John Hancock Multifactor Mid Cap ETF during the 2nd quarter worth $3,824,000.

John Hancock Multifactor Mid Cap ETF Company Profile

(Get Free Report)

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.

Further Reading

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