Iams Wealth Management LLC Makes New Investment in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Iams Wealth Management LLC acquired a new stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 5,472 shares of the company’s stock, valued at approximately $327,000.

A number of other hedge funds have also recently modified their holdings of JHMM. LPL Financial LLC increased its position in shares of 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 valued at $274,442,000 after acquiring an additional 243,928 shares during the period. Larson Financial Group LLC increased its position in shares of John Hancock Multifactor Mid Cap ETF by 1,105.8% during the third quarter. Larson Financial Group LLC now owns 82,127 shares of the company’s stock valued at $4,944,000 after buying an additional 75,316 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of John Hancock Multifactor Mid Cap ETF during the second quarter valued at about $3,824,000. NewEdge Advisors LLC increased its position in shares of John Hancock Multifactor Mid Cap ETF by 199.3% during the second quarter. NewEdge Advisors LLC now owns 63,224 shares of the company’s stock valued at $3,480,000 after buying an additional 42,103 shares during the period. Finally, FMA Wealth Management LLC increased its position in shares of John Hancock Multifactor Mid Cap ETF by 85.4% during the third quarter. FMA Wealth Management LLC now owns 84,297 shares of the company’s stock valued at $5,075,000 after buying an additional 38,832 shares during the period.

John Hancock Multifactor Mid Cap ETF Price Performance

Shares of NYSEARCA JHMM opened at $62.46 on Wednesday. John Hancock Multifactor Mid Cap ETF has a 1 year low of $51.69 and a 1 year high of $65.18. The company’s 50-day moving average is $62.07 and its 200 day moving average is $60.01. The stock has a market capitalization of $4.18 billion, a P/E ratio of 17.17 and a beta of 1.02.

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.