John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Short Interest Update

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 175,353 shares, a growth of 151.7% from the August 31st total of 69,655 shares. Based on an average daily volume of 195,834 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the shares of the stock are short sold.

John Hancock Multifactor Mid Cap ETF Stock Up 0.4%

JHMM stock traded up $0.28 during trading on Friday, hitting $72.55. The company had a trading volume of 181,625 shares, compared to its average volume of 231,777. The firm has a 50-day moving average price of $74.64 and a 200-day moving average price of $72.57. John Hancock Multifactor Mid Cap ETF has a 12 month low of $61.95 and a 12 month high of $77.45. The stock has a market cap of $5.95 billion, a price-to-earnings ratio of 19.18 and a beta of 0.98.

Hedge Funds Weigh In On John Hancock Multifactor Mid Cap ETF

Several large investors have recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. increased its position in John Hancock Multifactor Mid Cap ETF by 6.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,345 shares of the company’s stock worth $476,000 after purchasing an additional 380 shares during the period. Security National Bank of Sioux City Iowa IA acquired a new position in John Hancock Multifactor Mid Cap ETF during the 2nd quarter valued at about $35,000. The Manufacturers Life Insurance Company boosted its stake in shares of John Hancock Multifactor Mid Cap ETF by 47.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,073,547 shares of the company’s stock valued at $305,353,000 after purchasing an additional 1,309,269 shares during the last quarter. MCF Advisors LLC boosted its stake in shares of John Hancock Multifactor Mid Cap ETF by 12,763.0% in the 2nd quarter. MCF Advisors LLC now owns 234,236 shares of the company’s stock valued at $17,558,000 after purchasing an additional 232,415 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in shares of John Hancock Multifactor Mid Cap ETF by 8.2% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 210,222 shares of the company’s stock worth $15,758,000 after buying an additional 15,917 shares during the period.

John Hancock Multifactor Mid Cap ETF Company 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.