John Hancock Multifactor Mid Cap ETF $JHMM Stock: Summit Wealth Group LLC Co. Decreases Stake

Summit Wealth Group LLC Co. trimmed its stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM – Free Report) by 26.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,060 shares of the company’s stock after selling 9,440 shares during the quarter. Summit Wealth Group LLC Co.’s holdings in John Hancock Multifactor Mid Cap ETF were worth $1,863,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Security National Bank of Sioux City Iowa IA bought a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 2nd quarter worth approximately $35,000. Pittenger & Anderson Inc. acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF in the 1st quarter valued at approximately $34,000. SouthState Bank Corp acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF in the 1st quarter valued at approximately $38,000. Ascentis Independent Advisors acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF in the 1st quarter valued at approximately $56,000. Finally, GAMMA Investing LLC acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF in the 3rd quarter valued at approximately $69,000.

John Hancock Multifactor Mid Cap ETF Trading Up 0.5%

NYSEARCA:JHMM opened at $73.91 on Tuesday. John Hancock Multifactor Mid Cap ETF has a 1-year low of $61.95 and a 1-year high of $77.45. The firm has a fifty day simple moving average of $73.38 and a 200 day simple moving average of $72.12. The stock has a market capitalization of $6.06 billion, a PE ratio of 19.18 and a beta of 0.99.

John Hancock Multifactor Mid Cap ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

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