John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) is Palo Alto Wealth Advisors LLC’s 6th Largest Position

Palo Alto Wealth Advisors LLC raised its stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 9.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 177,160 shares of the company’s stock after purchasing an additional 14,923 shares during the period. John Hancock Multifactor Mid Cap ETF accounts for approximately 4.5% of Palo Alto Wealth Advisors LLC’s holdings, making the stock its 6th biggest position. Palo Alto Wealth Advisors LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $10,778,000 at the end of the most recent reporting period.

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

John Hancock Multifactor Mid Cap ETF Stock Down 0.2 %

Shares of NYSEARCA JHMM traded down $0.10 during midday trading on Thursday, reaching $62.86. 40,789 shares of the company’s stock traded hands, compared to its average volume of 186,102. The company has a market cap of $4.21 billion, a price-to-earnings ratio of 17.17 and a beta of 1.02. The stock’s 50 day simple moving average is $60.04 and its 200-day simple moving average is $57.47. John Hancock Multifactor Mid Cap ETF has a one year low of $47.65 and a one year high of $63.89.

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.