John Hancock Multifactor Mid Cap ETF $JHMM is Granite Bay Wealth Management LLC’s Largest Position

Granite Bay Wealth Management LLC grew its position in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 3.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 676,992 shares of the company’s stock after purchasing an additional 23,206 shares during the quarter. John Hancock Multifactor Mid Cap ETF makes up about 9.7% of Granite Bay Wealth Management LLC’s investment portfolio, making the stock its largest position. Granite Bay Wealth Management LLC owned 0.90% of John Hancock Multifactor Mid Cap ETF worth $45,413,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in John Hancock Multifactor Mid Cap ETF by 16.9% in the second quarter. JPMorgan Chase & Co. now owns 52,814 shares of the company’s stock worth $3,229,000 after buying an additional 7,635 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of John Hancock Multifactor Mid Cap ETF by 99.7% during the second quarter. NewEdge Advisors LLC now owns 136,398 shares of the company’s stock worth $8,338,000 after acquiring an additional 68,085 shares in the last quarter. Betterment LLC raised its stake in shares of John Hancock Multifactor Mid Cap ETF by 1.0% during the second quarter. Betterment LLC now owns 22,036 shares of the company’s stock worth $1,347,000 after acquiring an additional 211 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 22.0% in the 2nd quarter. Raymond James Financial Inc. now owns 2,768,787 shares of the company’s stock worth $169,256,000 after acquiring an additional 499,311 shares during the last quarter. Finally, Graney & King LLC lifted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 9.4% in the 2nd quarter. Graney & King LLC now owns 65,944 shares of the company’s stock worth $4,031,000 after acquiring an additional 5,639 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Stock Performance

Shares of John Hancock Multifactor Mid Cap ETF stock opened at $74.18 on Friday. The stock has a market capitalization of $5.87 billion, a price-to-earnings ratio of 19.18 and a beta of 0.98. John Hancock Multifactor Mid Cap ETF has a 52-week low of $60.63 and a 52-week high of $75.48. The company has a fifty day moving average of $73.23 and a 200-day moving average of $70.41.

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.