John Hancock Multifactor Mid Cap ETF $JHMM Stake Lessened by Simplicity Wealth LLC

Simplicity Wealth LLC trimmed its stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 31.9% during the third quarter, HoldingsChannel reports. The fund owned 47,062 shares of the company’s stock after selling 22,082 shares during the quarter. Simplicity Wealth LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $3,044,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. FMA Wealth Management LLC lifted its position 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 worth $5,114,000 after purchasing an additional 211 shares during the last quarter. Betterment LLC increased its holdings in John Hancock Multifactor Mid Cap ETF by 1.0% in the second quarter. Betterment LLC now owns 22,036 shares of the company’s stock valued at $1,347,000 after buying an additional 211 shares during the last quarter. IFP Advisors Inc raised its stake in John Hancock Multifactor Mid Cap ETF by 46.3% during the second 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 stake in John Hancock Multifactor Mid Cap ETF by 1.6% during the second quarter. Strategic Financial Concepts LLC now owns 20,165 shares of the company’s stock valued at $1,233,000 after buying an additional 320 shares in the last quarter. Finally, Smith Moore & CO. lifted its holdings in 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 buying an additional 358 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Trading Up 1.9%

Shares of JHMM opened at $69.26 on Thursday. John Hancock Multifactor Mid Cap ETF has a 52 week low of $49.29 and a 52 week high of $69.55. The firm has a market cap of $4.88 billion, a price-to-earnings ratio of 19.18 and a beta of 1.04. The stock has a 50 day moving average of $66.20 and a 200-day moving average of $64.57.

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.