Grimes & Company Inc. Has $111.41 Million Holdings in John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML)

Grimes & Company Inc. reduced its position in John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) by 2.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 1,652,482 shares of the company’s stock after selling 34,009 shares during the period. John Hancock Multifactor Large Cap ETF accounts for 3.4% of Grimes & Company Inc.’s portfolio, making the stock its 7th biggest position. Grimes & Company Inc. owned about 0.12% of John Hancock Multifactor Large Cap ETF worth $111,410,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its holdings in shares of John Hancock Multifactor Large Cap ETF by 561.4% in the first quarter. Farther Finance Advisors LLC now owns 2,242 shares of the company’s stock valued at $152,000 after acquiring an additional 1,903 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of John Hancock Multifactor Large Cap ETF by 5.1% in the fourth quarter. Stifel Financial Corp now owns 3,409 shares of the company’s stock valued at $237,000 after acquiring an additional 165 shares in the last quarter. Trust Point Inc. bought a new stake in shares of John Hancock Multifactor Large Cap ETF in the first quarter valued at about $282,000. Independent Advisor Alliance bought a new position in John Hancock Multifactor Large Cap ETF in the fourth quarter worth about $319,000. Finally, IHT Wealth Management LLC raised its holdings in John Hancock Multifactor Large Cap ETF by 13.2% in the fourth quarter. IHT Wealth Management LLC now owns 5,961 shares of the company’s stock worth $415,000 after purchasing an additional 695 shares in the last quarter.

John Hancock Multifactor Large Cap ETF Stock Performance

Shares of John Hancock Multifactor Large Cap ETF stock opened at $71.73 on Tuesday. The company has a market capitalization of $961.18 million, a PE ratio of 22.38 and a beta of 0.99. The company has a 50-day simple moving average of $68.21 and a two-hundred day simple moving average of $69.48. John Hancock Multifactor Large Cap ETF has a one year low of $58.38 and a one year high of $73.50.

John Hancock Multifactor Large Cap ETF Profile

The John Hancock Multifactor Large Cap ETF (JHML) is an exchange-traded fund that is based on the John Hancock Dimensional Large Cap index. The fund tracks an index of largest 800 US firms, weighted by multiple factors relative to their sector peers. JHML was launched on Sep 28, 2015 and is managed by John Hancock.