Ameriprise Financial Inc. Decreases Stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Ameriprise Financial Inc. lessened its holdings in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 6.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,975,687 shares of the company’s stock after selling 359,388 shares during the period. Ameriprise Financial Inc. owned 7.43% of John Hancock Multifactor Mid Cap ETF worth $297,304,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. GHP Investment Advisors Inc. acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 4th quarter worth approximately $30,000. Millstone Evans Group LLC purchased a new stake in John Hancock Multifactor Mid Cap ETF in the 4th quarter valued at about $34,000. Lee Danner & Bass Inc. purchased a new stake in shares of John Hancock Multifactor Mid Cap ETF in the 4th quarter valued at approximately $39,000. AlphaMark Advisors LLC acquired a new stake in John Hancock Multifactor Mid Cap ETF in the 4th quarter valued at approximately $62,000. Finally, Huntington National Bank raised its position in John Hancock Multifactor Mid Cap ETF by 16.7% in the fourth quarter. Huntington National Bank now owns 1,151 shares of the company’s stock valued at $69,000 after purchasing an additional 165 shares during the period.

John Hancock Multifactor Mid Cap ETF Stock Down 0.2 %

JHMM opened at $57.24 on Tuesday. John Hancock Multifactor Mid Cap ETF has a 52 week low of $49.29 and a 52 week high of $65.18. The business has a fifty day simple moving average of $56.02 and a 200-day simple moving average of $59.80. The firm has a market cap of $3.86 billion, a P/E ratio of 18.71 and a beta of 1.04.

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.