Enzi Wealth Trims Stake in John Hancock Multifactor Mid Cap ETF $JHMM

Enzi Wealth lessened its holdings in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 66.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 200,483 shares of the company’s stock after selling 402,612 shares during the quarter. John Hancock Multifactor Mid Cap ETF comprises 4.8% of Enzi Wealth’s holdings, making the stock its 9th largest holding. Enzi Wealth’s holdings in John Hancock Multifactor Mid Cap ETF were worth $13,745,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in JHMM. Ameriprise Financial Inc. lifted its stake in shares of John Hancock Multifactor Mid Cap ETF by 5.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,808,597 shares of the company’s stock valued at $311,008,000 after purchasing an additional 230,997 shares during the period. Raymond James Financial Inc. grew its stake in shares of John Hancock Multifactor Mid Cap ETF by 0.9% during the third quarter. Raymond James Financial Inc. now owns 2,793,350 shares of the company’s stock worth $180,702,000 after purchasing an additional 24,563 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of John Hancock Multifactor Mid Cap ETF by 0.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,668,475 shares of the company’s stock worth $107,934,000 after purchasing an additional 11,348 shares during the period. Jones Financial Companies Lllp increased its holdings in John Hancock Multifactor Mid Cap ETF by 24.7% in the third quarter. Jones Financial Companies Lllp now owns 1,387,326 shares of the company’s stock valued at $89,455,000 after purchasing an additional 274,723 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in John Hancock Multifactor Mid Cap ETF by 17.4% in the third quarter. Bank of America Corp DE now owns 1,101,996 shares of the company’s stock valued at $71,288,000 after purchasing an additional 163,445 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Trading Up 2.7%

NYSEARCA:JHMM opened at $67.12 on Wednesday. John Hancock Multifactor Mid Cap ETF has a 1-year low of $49.29 and a 1-year high of $71.72. The firm has a market capitalization of $4.77 billion, a price-to-earnings ratio of 19.18 and a beta of 1.04. The business’s 50-day moving average price is $68.98 and its two-hundred day moving average price is $66.66.

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.