Hill Island Financial LLC Decreases Stock Holdings in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Hill Island Financial LLC cut its holdings in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 56.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 494,733 shares of the company’s stock after selling 641,922 shares during the period. John Hancock Multifactor Mid Cap ETF accounts for 8.6% of Hill Island Financial LLC’s portfolio, making the stock its 3rd largest holding. Hill Island Financial LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $29,550,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in JHMM. Raymond James Financial Inc. bought a new position in John Hancock Multifactor Mid Cap ETF in the fourth quarter worth approximately $120,509,000. Strategic Financial Concepts LLC raised its position in John Hancock Multifactor Mid Cap ETF by 6,330.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,146,015 shares of the company’s stock worth $68,451,000 after acquiring an additional 1,128,194 shares during the period. Gilbert & Cook Inc. bought a new position in John Hancock Multifactor Mid Cap ETF in the fourth quarter worth approximately $41,420,000. Truist Financial Corp raised its position in shares of John Hancock Multifactor Mid Cap ETF by 686.8% during the 4th quarter. Truist Financial Corp now owns 295,193 shares of the company’s stock valued at $17,632,000 after purchasing an additional 257,674 shares during the period. Finally, Jones Financial Companies Lllp raised its position in shares of John Hancock Multifactor Mid Cap ETF by 72.5% during the 4th quarter. Jones Financial Companies Lllp now owns 529,995 shares of the company’s stock valued at $31,657,000 after purchasing an additional 222,778 shares during the period.

John Hancock Multifactor Mid Cap ETF Price Performance

Shares of JHMM stock opened at $57.39 on Friday. The company has a market capitalization of $3.89 billion, a price-to-earnings ratio of 19.40 and a beta of 1.11. John Hancock Multifactor Mid Cap ETF has a one year low of $53.30 and a one year high of $65.18. The company’s fifty day moving average price is $60.49 and its 200-day moving average price is $60.78.

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.