Northwestern Mutual Wealth Management Co. Sells 1,643,662 Shares of John Hancock Multifactor Mid Cap ETF $JHMM

Northwestern Mutual Wealth Management Co. decreased its holdings in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 98.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 24,813 shares of the company’s stock after selling 1,643,662 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in John Hancock Multifactor Mid Cap ETF were worth $1,625,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of JHMM. Flagship Harbor Advisors LLC purchased a new stake in John Hancock Multifactor Mid Cap ETF in the fourth quarter worth $83,000. Fifth Third Bancorp increased its stake in John Hancock Multifactor Mid Cap ETF by 25.5% in the third quarter. Fifth Third Bancorp now owns 1,914 shares of the company’s stock worth $124,000 after purchasing an additional 389 shares during the period. Keystone Financial Group purchased a new stake in John Hancock Multifactor Mid Cap ETF in the third quarter worth $160,000. IFP Advisors Inc increased its stake in John Hancock Multifactor Mid Cap ETF by 248.3% in the third quarter. IFP Advisors Inc now owns 2,574 shares of the company’s stock worth $167,000 after purchasing an additional 1,835 shares during the period. Finally, HUB Investment Partners LLC purchased a new stake in John Hancock Multifactor Mid Cap ETF in the third quarter worth $202,000.

John Hancock Multifactor Mid Cap ETF Stock Down 0.3%

JHMM stock opened at $73.09 on Thursday. The business’s fifty day simple moving average is $70.13 and its two-hundred day simple moving average is $68.46. John Hancock Multifactor Mid Cap ETF has a twelve month low of $58.20 and a twelve month high of $73.54. The firm has a market cap of $5.51 billion, a price-to-earnings ratio of 19.18 and a beta of 1.00.

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.