John Hancock Multifactor Mid Cap ETF $JHMM Stock: Sanchez Wealth Management Group Cuts Stake

Sanchez Wealth Management Group lessened its stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 92.2% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 14,400 shares of the company’s stock after selling 171,322 shares during the period. John Hancock Multifactor Mid Cap ETF accounts for 3.1% of Sanchez Wealth Management Group’s holdings, making the stock its 15th largest position. Sanchez Wealth Management Group’s holdings in John Hancock Multifactor Mid Cap ETF were worth $1,030,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of JHMM. MFG Investments LLC bought a new stake in shares of John Hancock Multifactor Mid Cap ETF in the 3rd quarter worth about $208,000. Frederick Financial Consultants LLC lifted its holdings in John Hancock Multifactor Mid Cap ETF by 2.8% during the 3rd quarter. Frederick Financial Consultants LLC now owns 65,159 shares of the company’s stock valued at $4,659,000 after purchasing an additional 1,804 shares during the last quarter. DORVAL Corp lifted its holdings in John Hancock Multifactor Mid Cap ETF by 7.1% during the 3rd quarter. DORVAL Corp now owns 54,179 shares of the company’s stock valued at $3,874,000 after purchasing an additional 3,569 shares during the last quarter. Vise Technologies Inc. acquired a new position in John Hancock Multifactor Mid Cap ETF in the third quarter valued at about $318,000. Finally, MGO One Seven LLC boosted its position in John Hancock Multifactor Mid Cap ETF by 1.2% in the third quarter. MGO One Seven LLC now owns 24,640 shares of the company’s stock valued at $1,762,000 after buying an additional 282 shares in the last quarter.

John Hancock Multifactor Mid Cap ETF Stock Up 0.9%

NYSEARCA:JHMM opened at $74.66 on Thursday. The firm has a market cap of $6.13 billion, a PE ratio of 19.62 and a beta of 0.99. John Hancock Multifactor Mid Cap ETF has a 12 month low of $61.95 and a 12 month high of $77.45. The company’s 50-day moving average price is $73.33 and its two-hundred day moving average price is $72.17.

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.