Northwestern Mutual Wealth Management Co. Has $108.37 Million Position in John Hancock Multifactor Mid Cap ETF $JHMM

Northwestern Mutual Wealth Management Co. lowered its stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 0.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,654,981 shares of the company’s stock after selling 13,494 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in John Hancock Multifactor Mid Cap ETF were worth $108,368,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Kingsview Wealth Management LLC raised its position in shares of John Hancock Multifactor Mid Cap ETF by 16.4% during the fourth quarter. Kingsview Wealth Management LLC now owns 45,124 shares of the company’s stock valued at $2,955,000 after buying an additional 6,366 shares during the last quarter. Hantz Financial Services Inc. acquired a new position in shares of John Hancock Multifactor Mid Cap ETF during the fourth quarter valued at about $32,000. IFP Advisors Inc raised its position in shares of John Hancock Multifactor Mid Cap ETF by 8.8% during the fourth quarter. IFP Advisors Inc now owns 2,799 shares of the company’s stock valued at $183,000 after buying an additional 227 shares during the last quarter. HighTower Advisors LLC raised its position in shares of John Hancock Multifactor Mid Cap ETF by 5.4% during the fourth quarter. HighTower Advisors LLC now owns 36,917 shares of the company’s stock valued at $2,417,000 after buying an additional 1,902 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in shares of John Hancock Multifactor Mid Cap ETF during the fourth quarter valued at about $251,000.

John Hancock Multifactor Mid Cap ETF Stock Performance

Shares of JHMM opened at $73.34 on Friday. The company has a 50-day simple moving average of $70.37 and a 200-day simple moving average of $68.56. The firm has a market capitalization of $5.53 billion, a P/E ratio of 19.18 and a beta of 1.00. John Hancock Multifactor Mid Cap ETF has a 52 week low of $58.20 and a 52 week high of $73.54.

John Hancock Multifactor Mid Cap ETF 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.