Iams Wealth Management LLC Acquires New Holdings in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Iams Wealth Management LLC acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,472 shares of the company’s stock, valued at approximately $327,000.

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

John Hancock Multifactor Mid Cap ETF Price Performance

Shares of NYSEARCA JHMM opened at $62.46 on Wednesday. The firm has a fifty day moving average price of $62.07 and a 200-day moving average price of $60.01. The stock has a market cap of $4.18 billion, a PE ratio of 17.17 and a beta of 1.02. John Hancock Multifactor Mid Cap ETF has a 1 year low of $51.69 and a 1 year high of $65.18.

John Hancock Multifactor Mid Cap ETF Company 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.