DWM Financial Group Inc. Sells 25,594 Shares of John Hancock Multifactor Mid Cap ETF $JHMM

DWM Financial Group Inc. reduced its position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 12.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 179,134 shares of the company’s stock after selling 25,594 shares during the period. John Hancock Multifactor Mid Cap ETF accounts for 10.0% of DWM Financial Group Inc.’s investment portfolio, making the stock its 2nd biggest holding. DWM Financial Group Inc.’s holdings in John Hancock Multifactor Mid Cap ETF were worth $12,808,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. The Manufacturers Life Insurance Company raised its position in shares of John Hancock Multifactor Mid Cap ETF by 47.4% during the second quarter. The Manufacturers Life Insurance Company now owns 4,073,547 shares of the company’s stock worth $305,353,000 after acquiring an additional 1,309,269 shares during the last quarter. MCF Advisors LLC boosted its holdings in John Hancock Multifactor Mid Cap ETF by 12,763.0% in the second quarter. MCF Advisors LLC now owns 234,236 shares of the company’s stock valued at $17,558,000 after acquiring an additional 232,415 shares during the last quarter. Elevation Point Wealth Partners LLC boosted its holdings in John Hancock Multifactor Mid Cap ETF by 459.4% in the first quarter. Elevation Point Wealth Partners LLC now owns 233,406 shares of the company’s stock valued at $15,666,000 after acquiring an additional 191,679 shares during the last quarter. Corient Private Wealth LP increased its position in John Hancock Multifactor Mid Cap ETF by 839.8% in the second quarter. Corient Private Wealth LP now owns 130,069 shares of the company’s stock worth $9,750,000 after purchasing an additional 116,229 shares during the period. Finally, Graney & King LLC raised its holdings in John Hancock Multifactor Mid Cap ETF by 96.6% during the 1st quarter. Graney & King LLC now owns 211,453 shares of the company’s stock worth $14,193,000 after purchasing an additional 103,888 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Trading Down 1.2%

Shares of NYSEARCA:JHMM opened at $73.57 on Friday. John Hancock Multifactor Mid Cap ETF has a 1-year low of $61.95 and a 1-year high of $77.45. The stock has a market capitalization of $6.03 billion, a P/E ratio of 19.18 and a beta of 0.99. The business has a 50-day moving average price of $73.42 and a two-hundred day moving average price of $72.09.

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.