Granite Bay Wealth Management LLC Boosts Position in John Hancock Multifactor Mid Cap ETF $JHMM

Granite Bay Wealth Management LLC grew its position in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 382.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 623,209 shares of the company’s stock after acquiring an additional 493,916 shares during the quarter. John Hancock Multifactor Mid Cap ETF comprises about 10.5% of Granite Bay Wealth Management LLC’s investment portfolio, making the stock its largest holding. Granite Bay Wealth Management LLC owned about 0.91% of John Hancock Multifactor Mid Cap ETF worth $40,315,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. FMA Wealth Management LLC increased its stake in shares of John Hancock Multifactor Mid Cap ETF by 0.3% during the second quarter. FMA Wealth Management LLC now owns 83,664 shares of the company’s stock valued at $5,114,000 after acquiring an additional 211 shares during the period. Betterment LLC grew its holdings in shares of John Hancock Multifactor Mid Cap ETF by 1.0% during the 2nd quarter. Betterment LLC now owns 22,036 shares of the company’s stock valued at $1,347,000 after acquiring an additional 211 shares in the last quarter. IFP Advisors Inc grew its stake in shares of John Hancock Multifactor Mid Cap ETF by 46.3% in the 2nd quarter. IFP Advisors Inc now owns 739 shares of the company’s stock valued at $45,000 after buying an additional 234 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of John Hancock Multifactor Mid Cap ETF by 1.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 20,165 shares of the company’s stock valued at $1,233,000 after purchasing an additional 320 shares in the last quarter. Finally, Smith Moore & CO. boosted its stake in shares of John Hancock Multifactor Mid Cap ETF by 2.2% during the 2nd quarter. Smith Moore & CO. now owns 16,606 shares of the company’s stock worth $1,015,000 after acquiring an additional 358 shares in the last quarter.

John Hancock Multifactor Mid Cap ETF Stock Up 0.2%

NYSEARCA:JHMM opened at $67.04 on Thursday. John Hancock Multifactor Mid Cap ETF has a 12 month low of $49.29 and a 12 month high of $67.50. The firm has a market cap of $4.60 billion, a price-to-earnings ratio of 19.18 and a beta of 1.04. The company’s 50 day moving average is $65.00 and its 200-day moving average is $63.58.

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.