Flynn Zito Capital Management LLC Decreases Stock Holdings in John Hancock Multifactor Mid Cap ETF $JHMM

Flynn Zito Capital Management LLC reduced its position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 13.8% during the first quarter, Holdings Channel reports. The institutional investor owned 46,766 shares of the company’s stock after selling 7,459 shares during the quarter. John Hancock Multifactor Mid Cap ETF comprises 1.0% of Flynn Zito Capital Management LLC’s investment portfolio, making the stock its 26th largest holding. Flynn Zito Capital Management LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $3,139,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. raised its stake in shares of John Hancock Multifactor Mid Cap ETF by 22.0% during the 2nd quarter. Raymond James Financial Inc. now owns 2,768,787 shares of the company’s stock worth $169,256,000 after acquiring an additional 499,311 shares in the last quarter. Nvest Wealth Strategies Inc. acquired a new stake in John Hancock Multifactor Mid Cap ETF in the fourth quarter valued at approximately $28,261,000. Focus Partners Wealth grew its holdings in John Hancock Multifactor Mid Cap ETF by 40.1% in the third quarter. Focus Partners Wealth now owns 970,605 shares of the company’s stock worth $62,438,000 after purchasing an additional 277,765 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in John Hancock Multifactor Mid Cap ETF by 248.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 375,081 shares of the company’s stock worth $24,560,000 after purchasing an additional 267,590 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in John Hancock Multifactor Mid Cap ETF by 5.0% in the third quarter. Ameriprise Financial Inc. now owns 4,808,597 shares of the company’s stock worth $311,008,000 after purchasing an additional 230,997 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Trading Up 0.2%

Shares of JHMM stock opened at $73.95 on Wednesday. John Hancock Multifactor Mid Cap ETF has a 12-month low of $60.63 and a 12-month high of $75.48. The business’s fifty day simple moving average is $73.31 and its 200-day simple moving average is $70.53. The company has a market cap of $5.87 billion, a PE ratio of 19.18 and a beta of 0.98.

John Hancock Multifactor Mid Cap ETF 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.