Northwestern Mutual Wealth Management Co. Trims Holdings in John Hancock Multifactor Mid Cap ETF $JHMM

Northwestern Mutual Wealth Management Co. decreased its holdings in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 98.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,813 shares of the company’s stock after selling 1,643,662 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in John Hancock Multifactor Mid Cap ETF were worth $1,625,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of JHMM. Raymond James Financial Inc. increased its stake in John Hancock Multifactor Mid Cap ETF by 22.0% in the second quarter. Raymond James Financial Inc. now owns 2,768,787 shares of the company’s stock worth $169,256,000 after purchasing an additional 499,311 shares during the period. Thrivent Financial for Lutherans grew its position in shares of John Hancock Multifactor Mid Cap ETF by 1,466.6% during the 3rd quarter. Thrivent Financial for Lutherans now owns 487,287 shares of the company’s stock worth $31,523,000 after buying an additional 456,183 shares in the last quarter. Nvest Wealth Strategies Inc. bought a new position in shares of John Hancock Multifactor Mid Cap ETF during the 4th quarter worth $28,261,000. Focus Partners Wealth grew its position in shares of John Hancock Multifactor Mid Cap ETF by 40.1% during the 3rd quarter. Focus Partners Wealth now owns 970,605 shares of the company’s stock worth $62,438,000 after buying an additional 277,765 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in shares of John Hancock Multifactor Mid Cap ETF by 24.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,387,326 shares of the company’s stock worth $89,455,000 after buying an additional 274,723 shares in the last quarter.

John Hancock Multifactor Mid Cap ETF Trading Down 0.3%

JHMM opened at $73.09 on Thursday. John Hancock Multifactor Mid Cap ETF has a 12-month low of $58.20 and a 12-month high of $73.54. The business’s fifty day simple moving average is $70.13 and its 200-day simple moving average is $68.46. The company has a market capitalization of $5.51 billion, a price-to-earnings ratio of 19.18 and a beta of 1.00.

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.