Independent Advisor Alliance Acquires 59,634 Shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Independent Advisor Alliance grew its stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 736.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 67,736 shares of the company’s stock after purchasing an additional 59,634 shares during the quarter. Independent Advisor Alliance owned approximately 0.10% of John Hancock Multifactor Mid Cap ETF worth $4,046,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in JHMM. Paragon Private Wealth Management LLC boosted its position in John Hancock Multifactor Mid Cap ETF by 7.4% in the 4th quarter. Paragon Private Wealth Management LLC now owns 46,023 shares of the company’s stock valued at $2,749,000 after buying an additional 3,155 shares during the period. Rialto Wealth Management LLC bought a new stake in shares of John Hancock Multifactor Mid Cap ETF during the fourth quarter valued at approximately $70,000. Larson Financial Group LLC boosted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 107.9% in the fourth quarter. Larson Financial Group LLC now owns 170,753 shares of the company’s stock valued at $10,199,000 after purchasing an additional 88,626 shares during the period. Foundry Financial Group Inc. grew its stake in John Hancock Multifactor Mid Cap ETF by 0.8% in the fourth quarter. Foundry Financial Group Inc. now owns 104,416 shares of the company’s stock worth $6,237,000 after purchasing an additional 859 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in John Hancock Multifactor Mid Cap ETF by 4.2% during the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 11,677 shares of the company’s stock worth $697,000 after purchasing an additional 466 shares during the period.

John Hancock Multifactor Mid Cap ETF Stock Down 0.9 %

Shares of NYSEARCA JHMM opened at $56.51 on Wednesday. John Hancock Multifactor Mid Cap ETF has a twelve month low of $53.30 and a twelve month high of $65.18. The firm has a market cap of $3.83 billion, a PE ratio of 19.40 and a beta of 1.11. The business has a fifty day simple moving average of $60.95 and a two-hundred day simple moving average of $60.87.

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.