John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Reaches New 12-Month High – Here’s Why

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $62.75 and last traded at $62.50, with a volume of 20184 shares changing hands. The stock had previously closed at $60.68.

John Hancock Multifactor Mid Cap ETF Trading Up 3.2 %

The company has a fifty day moving average price of $59.47 and a two-hundred day moving average price of $57.13. The firm has a market cap of $4.20 billion, a P/E ratio of 17.17 and a beta of 1.02.

Institutional Trading of John Hancock Multifactor Mid Cap ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in JHMM. TNF LLC increased its position in John Hancock Multifactor Mid Cap ETF by 4.2% in the 2nd quarter. TNF LLC now owns 4,863 shares of the company’s stock valued at $273,000 after acquiring an additional 196 shares during the period. Cozad Asset Management Inc. boosted its position in 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 worth $585,000 after purchasing an additional 220 shares during the last quarter. Smith Thornton Advisors LLC increased its stake 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 worth $3,629,000 after purchasing an additional 247 shares in the last quarter. CWM LLC lifted its stake in John Hancock Multifactor Mid Cap ETF by 13.1% in the 2nd quarter. CWM LLC now owns 2,212 shares of the company’s stock worth $122,000 after purchasing an additional 256 shares in the last quarter. Finally, Avaii Wealth Management LLC increased its position in shares of John Hancock Multifactor Mid Cap ETF by 1.2% in the third quarter. Avaii Wealth Management LLC now owns 21,923 shares of the company’s stock worth $1,320,000 after purchasing an additional 266 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Company 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.