Diversify Wealth Management LLC Acquires New Shares in John Hancock Multifactor Mid Cap ETF $JHMM

Diversify Wealth Management LLC acquired a new position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 10,558 shares of the company’s stock, valued at approximately $745,000.

A number of other hedge funds have also bought and sold shares of the business. LPL Financial LLC boosted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 2.1% during the 4th quarter. LPL Financial LLC now owns 4,281,549 shares of the company’s stock valued at $280,356,000 after acquiring an additional 89,575 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of John Hancock Multifactor Mid Cap ETF by 3.0% during the fourth quarter. Wells Fargo & Company MN now owns 3,625,434 shares of the company’s stock valued at $237,393,000 after purchasing an additional 106,364 shares during the last quarter. Morgan Stanley raised its holdings in shares of John Hancock Multifactor Mid Cap ETF by 5.1% during the fourth quarter. Morgan Stanley now owns 2,914,232 shares of the company’s stock valued at $190,824,000 after purchasing an additional 140,174 shares during the last quarter. Raymond James Financial Inc. lifted its position in John Hancock Multifactor Mid Cap ETF by 2.2% during the fourth quarter. Raymond James Financial Inc. now owns 2,853,524 shares of the company’s stock valued at $186,849,000 after purchasing an additional 60,174 shares during the period. Finally, UBS Group AG lifted its position in John Hancock Multifactor Mid Cap ETF by 2.7% during the fourth quarter. UBS Group AG now owns 2,021,666 shares of the company’s stock valued at $132,379,000 after purchasing an additional 52,969 shares during the period.

John Hancock Multifactor Mid Cap ETF Trading Up 0.5%

Shares of JHMM stock opened at $74.15 on Friday. John Hancock Multifactor Mid Cap ETF has a 12-month low of $60.66 and a 12-month high of $75.48. The firm’s 50 day moving average is $73.36 and its 200 day moving average is $70.63. The stock has a market capitalization of $5.89 billion, a P/E ratio of 19.18 and a beta of 0.98.

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.