Laurel Oak Wealth Management LLC Trims Position in John Hancock Multifactor Mid Cap ETF $JHMM

Laurel Oak Wealth Management LLC lessened its stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 20.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,656 shares of the company’s stock after selling 7,110 shares during the period. Laurel Oak Wealth Management LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $1,856,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MCF Advisors LLC purchased a new stake in John Hancock Multifactor Mid Cap ETF in the 4th quarter valued at about $30,000. Hantz Financial Services Inc. purchased a new position in shares of John Hancock Multifactor Mid Cap ETF during the fourth quarter worth approximately $32,000. Elyxium Wealth LLC purchased a new position in shares of John Hancock Multifactor Mid Cap ETF during the fourth quarter worth approximately $34,000. Strive Financial Group LLC bought a new stake in shares of John Hancock Multifactor Mid Cap ETF during the fourth quarter valued at approximately $36,000. Finally, Monetary Solutions Ltd bought a new stake in shares of John Hancock Multifactor Mid Cap ETF during the fourth quarter valued at approximately $41,000.

John Hancock Multifactor Mid Cap ETF Stock Performance

Shares of NYSEARCA JHMM opened at $74.18 on Friday. The firm has a market capitalization of $5.59 billion, a price-to-earnings ratio of 19.18 and a beta of 0.99. The stock has a 50 day moving average price of $72.68 and a 200 day moving average price of $69.85. John Hancock Multifactor Mid Cap ETF has a 52-week low of $60.51 and a 52-week high of $75.48.

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.