Parsons Capital Management Inc. RI Decreases Position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Parsons Capital Management Inc. RI reduced its stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 15.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,964 shares of the company’s stock after selling 6,679 shares during the period. Parsons Capital Management Inc. RI owned 0.06% of John Hancock Multifactor Mid Cap ETF worth $2,268,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Avaii Wealth Management LLC raised its stake in John Hancock Multifactor Mid Cap ETF by 0.9% during the 4th quarter. Avaii Wealth Management LLC now owns 22,113 shares of the company’s stock worth $1,321,000 after acquiring an additional 190 shares in the last quarter. AlphaMark Advisors LLC acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF during the fourth quarter worth about $62,000. Grimes & Company Inc. lifted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 0.3% in the 4th quarter. Grimes & Company Inc. now owns 78,352 shares of the company’s stock valued at $4,680,000 after purchasing an additional 260 shares during the last quarter. Cornerstone Wealth Management LLC boosted its position in shares of John Hancock Multifactor Mid Cap ETF by 73.6% in the 4th quarter. Cornerstone Wealth Management LLC now owns 18,484 shares of the company’s stock valued at $1,104,000 after purchasing an additional 7,838 shares during the period. Finally, Financial Management Professionals Inc. grew its stake in John Hancock Multifactor Mid Cap ETF by 2.1% during the 4th quarter. Financial Management Professionals Inc. now owns 796,999 shares of the company’s stock worth $47,605,000 after buying an additional 16,249 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Trading Down 0.9 %

Shares of NYSEARCA JHMM opened at $62.44 on Tuesday. The stock has a market cap of $4.18 billion, a P/E ratio of 17.17 and a beta of 1.02. John Hancock Multifactor Mid Cap ETF has a twelve month low of $51.69 and a twelve month high of $65.18. The stock has a 50 day moving average of $62.06 and a two-hundred day moving average of $59.92.

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.