John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Sets New 1-Year High – Here’s Why

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $71.48 and last traded at $70.92, with a volume of 201833 shares. The stock had previously closed at $70.90.

John Hancock Multifactor Mid Cap ETF Stock Up 1.1%

The firm has a 50-day moving average price of $67.95 and a two-hundred day moving average price of $65.42. The firm has a market cap of $5.01 billion, a PE ratio of 19.18 and a beta of 1.04.

Institutional Investors Weigh In On John Hancock Multifactor Mid Cap ETF

A number of large investors have recently modified their holdings of JHMM. MCF Advisors LLC purchased a new position in shares of John Hancock Multifactor Mid Cap ETF in the fourth quarter worth about $30,000. Hantz Financial Services Inc. purchased a new position in John Hancock Multifactor Mid Cap ETF in the 4th quarter worth approximately $32,000. Elyxium Wealth LLC purchased a new position in John Hancock Multifactor Mid Cap ETF in the 4th quarter worth approximately $34,000. IFP Advisors Inc boosted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 46.3% during the 2nd quarter. IFP Advisors Inc now owns 739 shares of the company’s stock worth $45,000 after purchasing an additional 234 shares during the last quarter. Finally, Caldwell Trust Co purchased a new stake in shares of John Hancock Multifactor Mid Cap ETF in the second quarter valued at approximately $48,000.

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.