Marshall Investment Management LLC Invests $175,000 in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Marshall Investment Management LLC acquired a new position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 2,901 shares of the company’s stock, valued at approximately $175,000.

Several other hedge funds and other institutional investors have also modified their holdings of JHMM. Strategic Financial Concepts LLC grew its stake in shares of John Hancock Multifactor Mid Cap ETF by 6,330.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,146,015 shares of the company’s stock worth $68,451,000 after acquiring an additional 1,128,194 shares during the last quarter. Gilbert & Cook Inc. acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF in the fourth quarter worth $41,420,000. Truist Financial Corp grew its stake in shares of John Hancock Multifactor Mid Cap ETF by 686.8% in the fourth quarter. Truist Financial Corp now owns 295,193 shares of the company’s stock worth $17,632,000 after acquiring an additional 257,674 shares during the last quarter. LPL Financial LLC lifted its position in John Hancock Multifactor Mid Cap ETF by 5.7% in the third quarter. LPL Financial LLC now owns 4,558,833 shares of the company’s stock worth $274,442,000 after purchasing an additional 243,928 shares during the period. Finally, Larson Financial Group LLC lifted its position in John Hancock Multifactor Mid Cap ETF by 1,105.8% in the third quarter. Larson Financial Group LLC now owns 82,127 shares of the company’s stock worth $4,944,000 after purchasing an additional 75,316 shares during the period.

John Hancock Multifactor Mid Cap ETF Price Performance

Shares of JHMM stock opened at $60.35 on Friday. The stock has a market cap of $4.10 billion, a P/E ratio of 20.55 and a beta of 1.10. John Hancock Multifactor Mid Cap ETF has a one year low of $53.30 and a one year high of $65.18. The stock has a fifty day moving average price of $61.39 and a 200 day moving average price of $60.65.

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.