John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Sets New 52-Week High – Here’s What Happened
by Kim Johansen · The Markets DailyShares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM – Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $67.61 and last traded at $67.6140, with a volume of 73929 shares trading hands. The stock had previously closed at $67.05.
John Hancock Multifactor Mid Cap ETF Trading Up 0.6%
The stock has a market cap of $4.73 billion, a PE ratio of 19.18 and a beta of 1.04. The company’s 50 day moving average is $65.45 and its 200-day moving average is $64.09.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. IFP Advisors Inc raised its position in shares of John Hancock Multifactor Mid Cap ETF by 46.3% in the 2nd quarter. IFP Advisors Inc now owns 739 shares of the company’s stock valued at $45,000 after purchasing an additional 234 shares in the last quarter. Caldwell Trust Co bought a new stake in shares of John Hancock Multifactor Mid Cap ETF in the second quarter worth $48,000. Evolution Wealth Management Inc. acquired a new stake in John Hancock Multifactor Mid Cap ETF in the second quarter valued at $61,000. TFC Financial Management Inc. bought a new position in John Hancock Multifactor Mid Cap ETF during the 2nd quarter valued at $72,000. Finally, Root Financial Partners LLC bought a new position in John Hancock Multifactor Mid Cap ETF during the 3rd quarter valued at $83,000.
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.