Concurrent Investment Advisors LLC Buys Shares of 22,178 John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Concurrent Investment Advisors LLC bought a new stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 22,178 shares of the company’s stock, valued at approximately $1,325,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in JHMM. Strategic Financial Concepts LLC grew its position in shares of John Hancock Multifactor Mid Cap ETF by 6,330.7% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,146,015 shares of the company’s stock worth $68,451,000 after buying an additional 1,128,194 shares during the period. Gilbert & Cook Inc. acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 4th quarter worth approximately $41,420,000. Truist Financial Corp grew 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 worth $17,632,000 after buying an additional 257,674 shares during the period. LPL Financial LLC grew its position in shares of John Hancock Multifactor Mid Cap ETF by 5.7% during the 3rd quarter. LPL Financial LLC now owns 4,558,833 shares of the company’s stock worth $274,442,000 after buying an additional 243,928 shares during the period. Finally, Larson Financial Group LLC grew its position in shares of John Hancock Multifactor Mid Cap ETF by 1,105.8% during the 3rd quarter. Larson Financial Group LLC now owns 82,127 shares of the company’s stock worth $4,944,000 after buying an additional 75,316 shares during the period.

John Hancock Multifactor Mid Cap ETF Stock Down 2.2 %

Shares of JHMM stock opened at $60.35 on Friday. The company has a market cap of $4.10 billion, a price-to-earnings ratio of 20.55 and a beta of 1.10. John Hancock Multifactor Mid Cap ETF has a 52 week low of $53.30 and a 52 week high of $65.18. The firm has a 50 day moving average of $61.39 and a 200-day moving average of $60.61.

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.