Iams Wealth Management LLC Sells 7,032 Shares of John Hancock Multifactor Mid Cap ETF $JHMM

Iams Wealth Management LLC cut its position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 14.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 42,548 shares of the company’s stock after selling 7,032 shares during the quarter. John Hancock Multifactor Mid Cap ETF accounts for approximately 0.9% of Iams Wealth Management LLC’s investment portfolio, making the stock its 29th biggest holding. Iams Wealth Management LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $3,042,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in JHMM. The Manufacturers Life Insurance Company raised its holdings in John Hancock Multifactor Mid Cap ETF by 47.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,073,547 shares of the company’s stock worth $305,353,000 after acquiring an additional 1,309,269 shares during the last quarter. Bank of America Corp DE lifted its position in John Hancock Multifactor Mid Cap ETF by 6.3% in the 1st quarter. Bank of America Corp DE now owns 1,265,480 shares of the company’s stock valued at $84,939,000 after acquiring an additional 75,170 shares in the last quarter. Private Advisor Group LLC boosted its stake in John Hancock Multifactor Mid Cap ETF by 1.6% during the 1st quarter. Private Advisor Group LLC now owns 818,029 shares of the company’s stock valued at $54,906,000 after purchasing an additional 12,801 shares during the last quarter. Granite Bay Wealth Management LLC boosted its stake in John Hancock Multifactor Mid Cap ETF by 3.5% during the 1st quarter. Granite Bay Wealth Management LLC now owns 676,992 shares of the company’s stock valued at $45,413,000 after purchasing an additional 23,206 shares during the last quarter. Finally, Nvest Wealth Strategies Inc. boosted its stake in John Hancock Multifactor Mid Cap ETF by 1.6% during the 2nd quarter. Nvest Wealth Strategies Inc. now owns 423,460 shares of the company’s stock valued at $31,743,000 after purchasing an additional 6,865 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Trading Up 1.2%

John Hancock Multifactor Mid Cap ETF stock opened at $73.03 on Friday. The firm has a market cap of $5.97 billion, a price-to-earnings ratio of 19.18 and a beta of 0.99. The stock has a fifty day simple moving average of $74.13 and a two-hundred day simple moving average of $73.15. John Hancock Multifactor Mid Cap ETF has a 12 month low of $61.95 and a 12 month high of $77.45.

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.