WCG Wealth Advisors LLC Takes Position in John Hancock Multifactor Mid Cap ETF $JHMM

WCG Wealth Advisors LLC bought a new stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 12,654 shares of the company’s stock, valued at approximately $829,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Ameriprise Financial Inc. raised its holdings in shares of John Hancock Multifactor Mid Cap ETF by 5.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,808,597 shares of the company’s stock valued at $311,008,000 after purchasing an additional 230,997 shares during the period. Raymond James Financial Inc. raised its holdings in shares of John Hancock Multifactor Mid Cap ETF by 0.9% in the 3rd quarter. Raymond James Financial Inc. now owns 2,793,350 shares of the company’s stock valued at $180,702,000 after purchasing an additional 24,563 shares during the period. UBS Group AG raised its holdings in shares of John Hancock Multifactor Mid Cap ETF by 2.7% in the 4th quarter. UBS Group AG now owns 2,021,666 shares of the company’s stock valued at $132,379,000 after purchasing an additional 52,969 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of John Hancock Multifactor Mid Cap ETF by 0.7% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,668,475 shares of the company’s stock valued at $107,934,000 after purchasing an additional 11,348 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of John Hancock Multifactor Mid Cap ETF by 17.4% in the 3rd quarter. Bank of America Corp DE now owns 1,101,996 shares of the company’s stock valued at $71,288,000 after purchasing an additional 163,445 shares during the period.

John Hancock Multifactor Mid Cap ETF Stock Performance

Shares of JHMM stock opened at $72.71 on Friday. The firm’s 50-day moving average is $71.04 and its 200-day moving average is $68.87. The stock has a market cap of $5.48 billion, a price-to-earnings ratio of 19.18 and a beta of 0.99. John Hancock Multifactor Mid Cap ETF has a 52-week low of $59.09 and a 52-week high of $74.18.

John Hancock Multifactor Mid Cap ETF Company 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.