D.B. Root & Company LLC Sells 83,177 Shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

D.B. Root & Company LLC cut its position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 72.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,296 shares of the company’s stock after selling 83,177 shares during the quarter. D.B. Root & Company LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $1,869,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Kingsview Wealth Management LLC bought a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 3rd quarter valued at approximately $1,087,000. FMR LLC lifted its stake in shares of John Hancock Multifactor Mid Cap ETF by 24.9% in the 3rd quarter. FMR LLC now owns 6,993 shares of the company’s stock valued at $421,000 after acquiring an additional 1,395 shares during the last quarter. Creative Planning acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 3rd quarter valued at $213,000. Stifel Financial Corp boosted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 6.2% during the 3rd quarter. Stifel Financial Corp now owns 93,530 shares of the company’s stock valued at $5,631,000 after acquiring an additional 5,483 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in John Hancock Multifactor Mid Cap ETF by 58.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 35,295 shares of the company’s stock worth $2,125,000 after purchasing an additional 13,046 shares in the last quarter.

John Hancock Multifactor Mid Cap ETF Price Performance

John Hancock Multifactor Mid Cap ETF stock opened at $62.87 on Thursday. The business has a 50 day moving average of $62.02 and a 200-day moving average of $59.75. John Hancock Multifactor Mid Cap ETF has a 1 year low of $51.69 and a 1 year high of $65.18. The company has a market capitalization of $4.21 billion, a P/E ratio of 17.17 and a beta of 1.02.

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.