John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. reduced its stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 3.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 66,959 shares of the company’s stock after selling 2,750 shares during the quarter. Freedom Investment Management Inc.’s holdings in John Hancock Multifactor Mid Cap ETF were worth $4,031,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. ORG Partners LLC acquired a new position in John Hancock Multifactor Mid Cap ETF during the second quarter worth $46,000. Ashton Thomas Private Wealth LLC acquired a new position in John Hancock Multifactor Mid Cap ETF in the 2nd quarter valued at about $50,000. Huntington National Bank boosted its stake in shares of John Hancock Multifactor Mid Cap ETF by 154.1% in the third quarter. Huntington National Bank now owns 986 shares of the company’s stock valued at $59,000 after purchasing an additional 598 shares during the period. Bank & Trust Co purchased a new position in shares of John Hancock Multifactor Mid Cap ETF in the second quarter valued at approximately $65,000. Finally, SJS Investment Consulting Inc. purchased a new stake in John Hancock Multifactor Mid Cap ETF during the 2nd quarter worth approximately $86,000.

John Hancock Multifactor Mid Cap ETF Stock Down 0.2 %

Shares of JHMM stock opened at $64.65 on Wednesday. The firm has a 50 day moving average of $61.04 and a two-hundred day moving average of $57.98. The stock has a market capitalization of $4.33 billion, a PE ratio of 17.17 and a beta of 1.02. John Hancock Multifactor Mid Cap ETF has a 52 week low of $48.27 and a 52 week high of $65.18.

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.