John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM – Get Free Report)’s share price crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $72.19 and traded as low as $71.78. John Hancock Multifactor Mid Cap ETF shares last traded at $71.98, with a volume of 830,446 shares changing hands.
John Hancock Multifactor Mid Cap ETF Stock Performance
The firm’s 50-day moving average is $73.25 and its two-hundred day moving average is $72.19. The stock has a market cap of $5.91 billion, a P/E ratio of 19.62 and a beta of 0.99.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Commonwealth Equity Services LLC bought a new position in shares of John Hancock Multifactor Mid Cap ETF in the 3rd quarter worth $132,080,000. The Manufacturers Life Insurance Company increased its holdings in John Hancock Multifactor Mid Cap ETF by 47.4% in the second quarter. The Manufacturers Life Insurance Company now owns 4,073,547 shares of the company’s stock valued at $305,353,000 after purchasing an additional 1,309,269 shares during the last quarter. MCF Advisors LLC increased its holdings in John Hancock Multifactor Mid Cap ETF by 12,763.0% in the second quarter. MCF Advisors LLC now owns 234,236 shares of the company’s stock valued at $17,558,000 after purchasing an additional 232,415 shares during the last quarter. Corient Private Wealth LP lifted its stake in John Hancock Multifactor Mid Cap ETF by 839.8% in the second quarter. Corient Private Wealth LP now owns 130,069 shares of the company’s stock valued at $9,750,000 after buying an additional 116,229 shares during the period. Finally, Graney & King LLC lifted its stake in John Hancock Multifactor Mid Cap ETF by 96.6% in the first quarter. Graney & King LLC now owns 211,453 shares of the company’s stock valued at $14,193,000 after buying an additional 103,888 shares during the period.
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.
Recommended Stories
- Five stocks we like better than John Hancock Multifactor Mid Cap ETF
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for John Hancock Multifactor Mid Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Hancock Multifactor Mid Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
