Cornerstone Wealth Management LLC Has $1.10 Million Stock Position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Cornerstone Wealth Management LLC raised its stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 73.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,484 shares of the company’s stock after buying an additional 7,838 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $1,104,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Arkadios Wealth Advisors grew its position in shares of John Hancock Multifactor Mid Cap ETF by 0.5% during the 4th quarter. Arkadios Wealth Advisors now owns 35,243 shares of the company’s stock worth $2,105,000 after buying an additional 174 shares during the period. Cozad Asset Management Inc. grew its position in shares of John Hancock Multifactor Mid Cap ETF by 2.3% during the 3rd quarter. Cozad Asset Management Inc. now owns 9,710 shares of the company’s stock worth $585,000 after buying an additional 220 shares during the period. Smith Thornton Advisors LLC grew its position in shares of John Hancock Multifactor Mid Cap ETF by 0.4% during the 3rd quarter. Smith Thornton Advisors LLC now owns 60,280 shares of the company’s stock worth $3,629,000 after buying an additional 247 shares during the period. Avaii Wealth Management LLC grew its position in shares of John Hancock Multifactor Mid Cap ETF by 1.2% during the 3rd quarter. Avaii Wealth Management LLC now owns 21,923 shares of the company’s stock worth $1,320,000 after buying an additional 266 shares during the period. Finally, PCA Investment Advisory Services Inc. grew its position in shares of John Hancock Multifactor Mid Cap ETF by 4.7% during the 4th quarter. PCA Investment Advisory Services Inc. now owns 7,934 shares of the company’s stock worth $474,000 after buying an additional 359 shares during the period.

John Hancock Multifactor Mid Cap ETF Stock Performance

Shares of JHMM opened at $62.98 on Friday. The stock has a 50 day simple moving average of $62.03 and a 200 day simple moving average of $59.80. John Hancock Multifactor Mid Cap ETF has a 52-week low of $51.69 and a 52-week high of $65.18. The firm has a market capitalization of $4.22 billion, a PE ratio of 17.17 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.