MCF Advisors LLC Increases Stake in John Hancock Multifactor Mid Cap ETF $JHMM

by · The Markets Daily

MCF Advisors LLC increased its position in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMMFree Report) by 12,763.0% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 234,236 shares of the company’s stock after buying an additional 232,415 shares during the quarter. MCF Advisors LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $17,558,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JHMM. Integrated Wealth Concepts LLC raised its position in John Hancock Multifactor Mid Cap ETF by 8.2% during the second quarter. Integrated Wealth Concepts LLC now owns 210,222 shares of the company’s stock worth $15,758,000 after acquiring an additional 15,917 shares during the period. IFP Advisors Inc boosted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 13.2% during the 2nd quarter. IFP Advisors Inc now owns 3,708 shares of the company’s stock worth $278,000 after purchasing an additional 432 shares during the last quarter. Waverly Advisors LLC purchased a new stake in John Hancock Multifactor Mid Cap ETF in the 2nd quarter valued at $315,000. Corient Private Wealth LP grew its holdings in shares of John Hancock Multifactor Mid Cap ETF by 839.8% in the second quarter. Corient Private Wealth LP now owns 130,069 shares of the company’s stock valued at $9,750,000 after purchasing an additional 116,229 shares during the period. Finally, Tenet Wealth Partners LLC acquired a new position in John Hancock Multifactor Mid Cap ETF in the second quarter valued at approximately $610,000.

John Hancock Multifactor Mid Cap ETF Stock Down 0.9%

Shares of John Hancock Multifactor Mid Cap ETF stock opened at $73.70 on Thursday. The firm has a market cap of $5.90 billion, a PE ratio of 19.18 and a beta of 0.98. John Hancock Multifactor Mid Cap ETF has a 52 week low of $61.95 and a 52 week high of $77.45. The business’s fifty day simple moving average is $74.92 and its 200-day simple moving average is $72.38.

John Hancock Multifactor Mid Cap ETF Announces Dividend

The business also recently announced a semiannual dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 26th were paid a dividend of $0.288 per share. This represents a yield of 78.0%. The ex-dividend date of this dividend was Friday, June 26th.

John Hancock Multifactor Mid Cap ETF Profile

(Free Report)

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.

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