ERn Financial LLC Buys 807 Shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

ERn Financial LLC increased its stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 0.4% in the first quarter, HoldingsChannel reports. The firm owned 221,010 shares of the company’s stock after buying an additional 807 shares during the period. John Hancock Multifactor Mid Cap ETF makes up approximately 2.2% of ERn Financial LLC’s investment portfolio, making the stock its 12th largest position. ERn Financial LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $12,682,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JHMM. Dynamic Advisor Solutions LLC lifted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 3.5% during the first quarter. Dynamic Advisor Solutions LLC now owns 553,502 shares of the company’s stock worth $31,760,000 after purchasing an additional 18,798 shares during the period. Global Assets Advisory LLC acquired a new position in John Hancock Multifactor Mid Cap ETF during the first quarter valued at $2,389,000. Cooper Financial Group boosted its holdings in John Hancock Multifactor Mid Cap ETF by 125.9% in the first quarter. Cooper Financial Group now owns 36,230 shares of the company’s stock valued at $2,079,000 after purchasing an additional 20,195 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in John Hancock Multifactor Mid Cap ETF during the 1st quarter worth about $1,226,000. Finally, &PARTNERS purchased a new position in shares of John Hancock Multifactor Mid Cap ETF during the 1st quarter valued at about $2,635,000.

John Hancock Multifactor Mid Cap ETF Stock Performance

John Hancock Multifactor Mid Cap ETF stock traded up $0.11 during midday trading on Thursday, hitting $54.95. 171,660 shares of the company were exchanged, compared to its average volume of 199,659. The firm has a market capitalization of $3.68 billion, a PE ratio of 17.17 and a beta of 1.02. John Hancock Multifactor Mid Cap ETF has a fifty-two week low of $44.07 and a fifty-two week high of $57.54. The business has a fifty day simple moving average of $55.35 and a two-hundred day simple moving average of $54.32.

John Hancock Multifactor Mid Cap ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, June 28th. Investors of record on Wednesday, June 26th will be given a dividend of $0.2381 per share. The ex-dividend date is Wednesday, June 26th.

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.