John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Stock Holdings Raised by Foundry Financial Group Inc.

Foundry Financial Group Inc. lifted its position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 4.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,980 shares of the company’s stock after buying an additional 4,335 shares during the quarter. John Hancock Multifactor Mid Cap ETF makes up approximately 3.9% of Foundry Financial Group Inc.’s portfolio, making the stock its 10th biggest holding. Foundry Financial Group Inc. owned approximately 0.15% of John Hancock Multifactor Mid Cap ETF worth $5,668,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its stake in John Hancock Multifactor Mid Cap ETF by 10.5% in the second quarter. Envestnet Asset Management Inc. now owns 340,057 shares of the company’s stock valued at $18,717,000 after purchasing an additional 32,245 shares in the last quarter. Executive Wealth Management LLC raised its stake in John Hancock Multifactor Mid Cap ETF by 8.6% in the second quarter. Executive Wealth Management LLC now owns 294,822 shares of the company’s stock valued at $16,227,000 after purchasing an additional 23,334 shares in the last quarter. Linscomb Wealth Inc. raised its stake in John Hancock Multifactor Mid Cap ETF by 8.4% in the second quarter. Linscomb Wealth Inc. now owns 50,701 shares of the company’s stock valued at $2,791,000 after purchasing an additional 3,936 shares in the last quarter. LPL Financial LLC raised its stake in John Hancock Multifactor Mid Cap ETF by 8.3% in the second quarter. LPL Financial LLC now owns 4,314,905 shares of the company’s stock valued at $237,492,000 after purchasing an additional 331,127 shares in the last quarter. Finally, MGO One Seven LLC raised its stake in John Hancock Multifactor Mid Cap ETF by 7.1% in the second quarter. MGO One Seven LLC now owns 27,597 shares of the company’s stock valued at $1,519,000 after purchasing an additional 1,820 shares in the last quarter.

John Hancock Multifactor Mid Cap ETF Price Performance

Shares of JHMM opened at $58.21 on Monday. The firm’s 50 day simple moving average is $56.89 and its 200 day simple moving average is $55.98. The company has a market capitalization of $3.90 billion, a P/E ratio of 17.17 and a beta of 1.02. John Hancock Multifactor Mid Cap ETF has a 1-year low of $44.07 and a 1-year high of $59.04.

John Hancock Multifactor Mid Cap ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, June 28th. Investors of record on Wednesday, June 26th were paid a $0.2381 dividend. The ex-dividend date of this dividend was Wednesday, June 26th.

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.