Dynamic Advisor Solutions LLC Has $25.81 Million Position in John Hancock Multifactor Mid Cap ETF $JHMM

Dynamic Advisor Solutions LLC boosted its holdings in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 7.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 344,277 shares of the company’s stock after acquiring an additional 25,288 shares during the period. John Hancock Multifactor Mid Cap ETF accounts for 0.7% of Dynamic Advisor Solutions LLC’s holdings, making the stock its 27th biggest position. Dynamic Advisor Solutions LLC owned about 0.44% of John Hancock Multifactor Mid Cap ETF worth $25,807,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. MCF Advisors LLC bought a new position in John Hancock Multifactor Mid Cap ETF during the fourth quarter worth $30,000. Hantz Financial Services Inc. bought a new position in shares of John Hancock Multifactor Mid Cap ETF in the fourth quarter valued at about $32,000. Elyxium Wealth LLC bought a new position in shares of John Hancock Multifactor Mid Cap ETF in the fourth quarter valued at about $34,000. Pittenger & Anderson Inc. bought a new position in shares of John Hancock Multifactor Mid Cap ETF in the first quarter valued at about $34,000. Finally, Strive Financial Group LLC acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 4th quarter worth about $36,000.

John Hancock Multifactor Mid Cap ETF Stock Performance

Shares of JHMM stock opened at $75.92 on Thursday. The company has a market capitalization of $6.07 billion, a price-to-earnings ratio of 19.18 and a beta of 0.99. The company has a 50-day simple moving average of $74.00 and a 200 day simple moving average of $71.32. John Hancock Multifactor Mid Cap ETF has a 52 week low of $61.52 and a 52 week high of $76.80.

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.