Bellevue Asset Management LLC Lowers Stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Bellevue Asset Management LLC cut its position in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 22.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 825 shares of the company’s stock after selling 240 shares during the quarter. Bellevue Asset Management LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $43,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sanchez Wealth Management Group grew its holdings in shares of John Hancock Multifactor Mid Cap ETF by 12.0% during the fourth quarter. Sanchez Wealth Management Group now owns 170,694 shares of the company’s stock worth $8,989,000 after buying an additional 18,356 shares in the last quarter. Avaii Wealth Management LLC grew its holdings in John Hancock Multifactor Mid Cap ETF by 13.2% in the fourth quarter. Avaii Wealth Management LLC now owns 21,129 shares of the company’s stock valued at $1,113,000 after purchasing an additional 2,458 shares during the period. Wetzel Investment Advisors Inc. purchased a new stake in John Hancock Multifactor Mid Cap ETF in the fourth quarter valued at approximately $68,000. Creative Financial Designs Inc. ADV grew its holdings in John Hancock Multifactor Mid Cap ETF by 5.0% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 39,087 shares of the company’s stock valued at $2,058,000 after purchasing an additional 1,865 shares during the period. Finally, MRP Capital Investments LLC grew its holdings in John Hancock Multifactor Mid Cap ETF by 119.2% in the third quarter. MRP Capital Investments LLC now owns 45,203 shares of the company’s stock valued at $2,139,000 after purchasing an additional 24,580 shares during the period.

John Hancock Multifactor Mid Cap ETF Stock Performance

John Hancock Multifactor Mid Cap ETF stock traded up $0.34 during trading on Friday, reaching $54.92. The company had a trading volume of 151,839 shares, compared to its average volume of 224,160. John Hancock Multifactor Mid Cap ETF has a 12-month low of $44.07 and a 12-month high of $57.54. The stock’s 50 day moving average price is $55.38 and its two-hundred day moving average price is $52.04. The firm has a market capitalization of $3.68 billion, a price-to-earnings ratio of 16.73 and a beta of 1.02.

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.