John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Sets New 52-Week High – Time to Buy?

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) shares hit a new 52-week high during trading on Thursday . The company traded as high as $71.48 and last traded at $70.92, with a volume of 201833 shares. The stock had previously closed at $70.90.

John Hancock Multifactor Mid Cap ETF Stock Up 0.0%

The firm has a 50-day moving average of $67.78 and a two-hundred day moving average of $65.33. The company has a market capitalization of $5.04 billion, a PE ratio of 19.18 and a beta of 1.04.

Hedge Funds Weigh In On John Hancock Multifactor Mid Cap ETF

Large investors have recently made changes to their positions in the company. MCF Advisors LLC acquired a new stake in John Hancock Multifactor Mid Cap ETF during the fourth quarter valued at $30,000. Hantz Financial Services Inc. acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 4th quarter valued at about $32,000. Elyxium Wealth LLC purchased a new position in shares of John Hancock Multifactor Mid Cap ETF in the 4th quarter valued at about $34,000. IFP Advisors Inc increased its stake in shares of John Hancock Multifactor Mid Cap ETF by 46.3% in the 2nd quarter. IFP Advisors Inc now owns 739 shares of the company’s stock valued at $45,000 after purchasing an additional 234 shares in the last quarter. Finally, Caldwell Trust Co acquired a new position in John Hancock Multifactor Mid Cap ETF in the 2nd quarter worth about $48,000.

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.