Flynn Zito Capital Management LLC Lowers Position in John Hancock Multifactor Mid Cap ETF $JHMM

Flynn Zito Capital Management LLC trimmed its holdings in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 13.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,766 shares of the company’s stock after selling 7,459 shares during the period. John Hancock Multifactor Mid Cap ETF comprises about 1.0% of Flynn Zito Capital Management LLC’s portfolio, making the stock its 26th largest position. Flynn Zito Capital Management LLC owned approximately 0.06% of John Hancock Multifactor Mid Cap ETF worth $3,139,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Diversify Advisory Services LLC bought a new position in shares of John Hancock Multifactor Mid Cap ETF during the fourth quarter valued at approximately $763,000. Iams Wealth Management LLC raised its stake in John Hancock Multifactor Mid Cap ETF by 189.9% in the fourth quarter. Iams Wealth Management LLC now owns 21,337 shares of the company’s stock worth $1,397,000 after buying an additional 13,978 shares in the last quarter. Summit Wealth Group LLC Co. bought a new position in John Hancock Multifactor Mid Cap ETF in the fourth quarter worth approximately $2,072,000. Sanchez Wealth Management Group lifted its holdings in John Hancock Multifactor Mid Cap ETF by 6.8% during the fourth quarter. Sanchez Wealth Management Group now owns 180,900 shares of the company’s stock worth $11,845,000 after buying an additional 11,511 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its holdings in John Hancock Multifactor Mid Cap ETF by 21.1% during the fourth quarter. Concurrent Investment Advisors LLC now owns 45,691 shares of the company’s stock worth $2,992,000 after buying an additional 7,969 shares during the period.

John Hancock Multifactor Mid Cap ETF Trading Up 0.2%

Shares of NYSEARCA JHMM opened at $73.95 on Wednesday. The stock has a market capitalization of $5.87 billion, a PE ratio of 19.18 and a beta of 0.98. The stock’s fifty day simple moving average is $73.31 and its two-hundred day simple moving average is $70.53. John Hancock Multifactor Mid Cap ETF has a 12-month low of $60.63 and a 12-month high of $75.48.

John Hancock Multifactor Mid Cap ETF Company 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.