John Hancock Multifactor Mid Cap ETF $JHMM Holdings Decreased by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. cut its stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 26.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,060 shares of the company’s stock after selling 9,440 shares during the period. Summit Wealth Group LLC Co.’s holdings in John Hancock Multifactor Mid Cap ETF were worth $1,863,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JHMM. The Manufacturers Life Insurance Company boosted its position in John Hancock Multifactor Mid Cap ETF by 47.4% during 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 raised its holdings in shares of John Hancock Multifactor Mid Cap ETF by 6.3% in the first quarter. Bank of America Corp DE now owns 1,265,480 shares of the company’s stock valued at $84,939,000 after purchasing an additional 75,170 shares during the last quarter. Financial Management Professionals Inc. raised its holdings in shares of John Hancock Multifactor Mid Cap ETF by 1.1% in the third quarter. Financial Management Professionals Inc. now owns 817,056 shares of the company’s stock valued at $58,419,000 after purchasing an additional 8,516 shares during the last quarter. Granite Bay Wealth Management LLC lifted its position in shares of John Hancock Multifactor Mid Cap ETF by 3.5% in the first quarter. Granite Bay Wealth Management LLC now owns 676,992 shares of the company’s stock worth $45,413,000 after purchasing an additional 23,206 shares in the last quarter. Finally, Garrett Wealth Advisory Group LLC lifted its position in shares of John Hancock Multifactor Mid Cap ETF by 0.3% in the third quarter. Garrett Wealth Advisory Group LLC now owns 573,987 shares of the company’s stock worth $41,040,000 after purchasing an additional 1,628 shares in the last quarter.

John Hancock Multifactor Mid Cap ETF Trading Up 0.5%

Shares of JHMM opened at $73.91 on Tuesday. The stock has a market capitalization of $6.06 billion, a price-to-earnings ratio of 19.18 and a beta of 0.99. John Hancock Multifactor Mid Cap ETF has a 12 month low of $61.95 and a 12 month high of $77.45. The firm has a fifty day simple moving average of $73.38 and a 200 day simple moving average of $72.12.

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.