46 Peaks LLC Acquires New Stake in John Hancock Multifactor Mid Cap ETF $JHMM

46 Peaks LLC acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) in the fourth quarter, Holdings Channel reports. The firm acquired 141,733 shares of the company’s stock, valued at approximately $9,281,000. John Hancock Multifactor Mid Cap ETF makes up about 6.8% of 46 Peaks LLC’s holdings, making the stock its 7th biggest position.

Several other hedge funds have also added to or reduced their stakes in JHMM. MCF Advisors LLC purchased a new stake in shares of John Hancock Multifactor Mid Cap ETF in the fourth quarter worth $30,000. Hantz Financial Services Inc. purchased a new position in shares of John Hancock Multifactor Mid Cap ETF in the 4th quarter worth about $32,000. Elyxium Wealth LLC purchased a new position in shares of John Hancock Multifactor Mid Cap ETF in the 4th quarter worth about $34,000. Strive Financial Group LLC purchased a new position in shares of John Hancock Multifactor Mid Cap ETF in the 4th quarter worth about $36,000. Finally, Monetary Solutions Ltd bought a new position in John Hancock Multifactor Mid Cap ETF in the 4th quarter worth about $41,000.

John Hancock Multifactor Mid Cap ETF Stock Performance

Shares of JHMM stock opened at $73.79 on Friday. John Hancock Multifactor Mid Cap ETF has a one year low of $59.27 and a one year high of $75.24. The company’s 50-day moving average is $72.20 and its 200 day moving average is $69.52. The company has a market capitalization of $5.56 billion, a price-to-earnings ratio of 19.18 and a beta of 0.99.

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.