Gilbert & Cook Inc. Acquires New Position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Gilbert & Cook Inc. purchased a new stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 693,459 shares of the company’s stock, valued at approximately $41,420,000. John Hancock Multifactor Mid Cap ETF makes up 5.8% of Gilbert & Cook Inc.’s investment portfolio, making the stock its 5th biggest holding. Gilbert & Cook Inc. owned about 1.04% of John Hancock Multifactor Mid Cap ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in JHMM. Arkadios Wealth Advisors increased its holdings in John Hancock Multifactor Mid Cap ETF by 0.5% in 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. Avaii Wealth Management LLC raised its holdings in shares of John Hancock Multifactor Mid Cap ETF by 0.9% during the fourth quarter. Avaii Wealth Management LLC now owns 22,113 shares of the company’s stock worth $1,321,000 after purchasing an additional 190 shares during the last quarter. Cozad Asset Management Inc. lifted its position in John Hancock Multifactor Mid Cap ETF by 2.3% during the third quarter. Cozad Asset Management Inc. now owns 9,710 shares of the company’s stock valued at $585,000 after purchasing an additional 220 shares during the period. Smith Thornton Advisors LLC boosted its holdings in John Hancock Multifactor Mid Cap ETF by 0.4% in the third quarter. Smith Thornton Advisors LLC now owns 60,280 shares of the company’s stock valued at $3,629,000 after purchasing an additional 247 shares during the last quarter. Finally, Grimes & Company Inc. grew its position in John Hancock Multifactor Mid Cap ETF by 0.3% during the 4th quarter. Grimes & Company Inc. now owns 78,352 shares of the company’s stock worth $4,680,000 after purchasing an additional 260 shares during the period.

John Hancock Multifactor Mid Cap ETF Stock Performance

NYSEARCA JHMM opened at $62.84 on Thursday. The firm has a market capitalization of $4.21 billion, a P/E ratio of 17.17 and a beta of 1.02. The stock has a 50-day simple moving average of $62.07 and a two-hundred day simple moving average of $60.01. John Hancock Multifactor Mid Cap ETF has a fifty-two week low of $51.69 and a fifty-two week high of $65.18.

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.