John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Sets New 1-Year High – Here’s Why

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $62.75 and last traded at $62.50, with a volume of 20184 shares. The stock had previously closed at $60.68.

John Hancock Multifactor Mid Cap ETF Stock Up 0.6 %

The company has a market cap of $4.23 billion, a P/E ratio of 17.17 and a beta of 1.02. The company has a fifty day moving average of $59.73 and a 200 day moving average of $57.27.

Institutional Trading of John Hancock Multifactor Mid Cap ETF

Several hedge funds have recently bought and sold shares of JHMM. Janney Montgomery Scott LLC grew its holdings in John Hancock Multifactor Mid Cap ETF by 14.2% during the first quarter. Janney Montgomery Scott LLC now owns 5,301 shares of the company’s stock valued at $304,000 after purchasing an additional 660 shares during the period. Csenge Advisory Group bought a new stake in John Hancock Multifactor Mid Cap ETF during the first quarter valued at about $209,000. Chilton Capital Management LLC grew its holdings in John Hancock Multifactor Mid Cap ETF by 17.1% during the first quarter. Chilton Capital Management LLC now owns 142,816 shares of the company’s stock valued at $8,195,000 after purchasing an additional 20,843 shares during the period. Avantax Advisory Services Inc. grew its holdings in John Hancock Multifactor Mid Cap ETF by 1.1% during the first quarter. Avantax Advisory Services Inc. now owns 566,744 shares of the company’s stock valued at $32,520,000 after purchasing an additional 6,275 shares during the period. Finally, Cozad Asset Management Inc. boosted its stake in shares of John Hancock Multifactor Mid Cap ETF by 22.2% in the first quarter. Cozad Asset Management Inc. now owns 10,770 shares of the company’s stock worth $618,000 after acquiring an additional 1,960 shares during the period.

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.