John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM – Get Free Report) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 69,023 shares, a decline of 60.6% from the September 15th total of 175,353 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 224,478 shares, the short-interest ratio is presently 0.3 days.
John Hancock Multifactor Mid Cap ETF Stock Down 1.1%
JHMM traded down $0.81 during trading hours on Wednesday, hitting $72.14. 325,332 shares of the company’s stock were exchanged, compared to its average volume of 233,312. The stock has a market cap of $5.89 billion, a price-to-earnings ratio of 19.18 and a beta of 0.99. John Hancock Multifactor Mid Cap ETF has a 1-year low of $61.95 and a 1-year high of $77.45. The stock’s 50-day moving average is $74.26 and its two-hundred day moving average is $73.06.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of JHMM. Weaver Consulting Group lifted its stake in John Hancock Multifactor Mid Cap ETF by 2.3% in the third quarter. Weaver Consulting Group now owns 6,294 shares of the company’s stock worth $450,000 after acquiring an additional 143 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in John Hancock Multifactor Mid Cap ETF by 6.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,345 shares of the company’s stock valued at $476,000 after acquiring an additional 380 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of John Hancock Multifactor Mid Cap ETF by 1.3% in the 1st quarter. Empowered Funds LLC now owns 29,269 shares of the company’s stock valued at $1,965,000 after acquiring an additional 384 shares during the period. World Investment Advisors raised its position in shares of John Hancock Multifactor Mid Cap ETF by 4.3% in the 1st quarter. World Investment Advisors now owns 9,689 shares of the company’s stock worth $650,000 after acquiring an additional 403 shares in the last quarter. Finally, IFP Advisors Inc raised its position in shares of John Hancock Multifactor Mid Cap ETF by 13.2% in the 2nd quarter. IFP Advisors Inc now owns 3,708 shares of the company’s stock worth $278,000 after acquiring an additional 432 shares in the last quarter.
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.
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