Kingsview Wealth Management LLC Buys New Holdings in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Kingsview Wealth Management LLC purchased a new position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,049 shares of the company’s stock, valued at approximately $1,087,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Granite Bay Wealth Management LLC lifted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 7,274.6% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 5,390,290 shares of the company’s stock worth $298,558,000 after purchasing an additional 5,317,197 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of John Hancock Multifactor Mid Cap ETF by 6,354.7% in the second quarter. Strategic Financial Concepts LLC now owns 999,189 shares of the company’s stock valued at $550,000 after buying an additional 983,709 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of John Hancock Multifactor Mid Cap ETF by 462.1% during the first quarter. Cetera Investment Advisers now owns 678,937 shares of the company’s stock valued at $38,957,000 after buying an additional 558,141 shares during the last quarter. LPL Financial LLC increased its position in shares of John Hancock Multifactor Mid Cap ETF by 8.3% during the second quarter. LPL Financial LLC now owns 4,314,905 shares of the company’s stock worth $237,492,000 after acquiring an additional 331,127 shares in the last quarter. Finally, &PARTNERS raised its holdings 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 worth $16,207,000 after acquiring an additional 248,336 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Stock Performance

Shares of NYSEARCA JHMM opened at $64.65 on Wednesday. The stock has a market cap of $4.33 billion, a price-to-earnings ratio of 17.17 and a beta of 1.02. John Hancock Multifactor Mid Cap ETF has a fifty-two week low of $48.27 and a fifty-two week high of $65.18. The firm’s 50-day simple moving average is $61.04 and its 200 day simple moving average is $57.98.

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.