John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Hits New 1-Year High – What’s Next?

Shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) hit a new 52-week high during trading on Tuesday . The stock traded as high as $73.39 and last traded at $73.33, with a volume of 26106 shares. The stock had previously closed at $72.60.

John Hancock Multifactor Mid Cap ETF Stock Up 0.3%

The firm has a fifty day moving average of $70.24 and a 200-day moving average of $68.53. The firm has a market cap of $5.53 billion, a P/E ratio of 19.18 and a beta of 1.00.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of JHMM. MCF Advisors LLC bought a new position in shares of John Hancock Multifactor Mid Cap ETF in the fourth quarter worth about $30,000. Hantz Financial Services Inc. acquired a new stake in John Hancock Multifactor Mid Cap ETF in the fourth quarter worth $32,000. Pittenger & Anderson Inc. bought a new stake in John Hancock Multifactor Mid Cap ETF during the 1st quarter valued at $34,000. Elyxium Wealth LLC bought a new stake in shares of John Hancock Multifactor Mid Cap ETF during the fourth quarter worth about $34,000. Finally, Strive Financial Group LLC bought a new stake in John Hancock Multifactor Mid Cap ETF during the 4th quarter worth approximately $36,000.

About John Hancock Multifactor Mid Cap ETF

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.