Pinnacle Bancorp Inc. Acquires 1,356 Shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Pinnacle Bancorp Inc. raised its holdings in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 123.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,456 shares of the company’s stock after purchasing an additional 1,356 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in John Hancock Multifactor Mid Cap ETF were worth $141,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN boosted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 3.9% during the fourth quarter. Wells Fargo & Company MN now owns 3,303,636 shares of the company’s stock worth $197,326,000 after acquiring an additional 123,411 shares during the period. Raymond James Financial Inc. acquired a new stake in John Hancock Multifactor Mid Cap ETF during the 4th quarter worth approximately $120,509,000. Commonwealth Equity Services LLC boosted its stake in John Hancock Multifactor Mid Cap ETF by 7.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,823,544 shares of the company’s stock valued at $108,920,000 after purchasing an additional 121,892 shares during the period. Royal Bank of Canada boosted its stake in John Hancock Multifactor Mid Cap ETF by 2.0% in the 4th quarter. Royal Bank of Canada now owns 1,474,446 shares of the company’s stock valued at $88,069,000 after purchasing an additional 28,511 shares during the period. Finally, Bank of America Corp DE grew its holdings in John Hancock Multifactor Mid Cap ETF by 0.3% in the 4th quarter. Bank of America Corp DE now owns 1,010,745 shares of the company’s stock valued at $60,372,000 after buying an additional 3,077 shares in the last quarter.

John Hancock Multifactor Mid Cap ETF Price Performance

JHMM stock opened at $60.30 on Thursday. John Hancock Multifactor Mid Cap ETF has a fifty-two week low of $49.29 and a fifty-two week high of $65.18. The stock has a market capitalization of $4.09 billion, a price-to-earnings ratio of 18.96 and a beta of 1.03. The business’s fifty day moving average price is $58.34 and its two-hundred day moving average price is $59.07.

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.