Wetzel Investment Advisors Inc. Invests $2.57 Million in John Hancock Multifactor Mid Cap ETF $JHMM

Wetzel Investment Advisors Inc. purchased a new position in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 41,995 shares of the company’s stock, valued at approximately $2,567,000. John Hancock Multifactor Mid Cap ETF accounts for 1.2% of Wetzel Investment Advisors Inc.’s holdings, making the stock its 23rd largest position. Wetzel Investment Advisors Inc. owned about 0.06% of John Hancock Multifactor Mid Cap ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of JHMM. SVB Wealth LLC purchased a new position in shares of John Hancock Multifactor Mid Cap ETF during the first quarter worth $29,000. Golden State Wealth Management LLC purchased a new position in shares of John Hancock Multifactor Mid Cap ETF during the first quarter worth $34,000. Pinnacle Bancorp Inc. boosted its position in shares of John Hancock Multifactor Mid Cap ETF by 123.3% during the first quarter. Pinnacle Bancorp Inc. now owns 2,456 shares of the company’s stock worth $141,000 after buying an additional 1,356 shares during the period. Advisor Resource Council purchased a new position in shares of John Hancock Multifactor Mid Cap ETF during the first quarter worth $205,000. Finally, ORG Partners LLC boosted its position in shares of John Hancock Multifactor Mid Cap ETF by 300.1% during the second quarter. ORG Partners LLC now owns 3,365 shares of the company’s stock worth $208,000 after buying an additional 2,524 shares during the period.

John Hancock Multifactor Mid Cap ETF Stock Up 0.2%

JHMM opened at $64.69 on Wednesday. John Hancock Multifactor Mid Cap ETF has a 52 week low of $49.29 and a 52 week high of $65.31. The business has a fifty day simple moving average of $63.56 and a 200-day simple moving average of $60.12. The firm has a market cap of $4.34 billion, a P/E ratio of 19.18 and a beta of 1.08.

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.