Summit Wealth Group LLC Co. Acquires Shares of 31,642 John Hancock Multifactor Mid Cap ETF $JHMM

Summit Wealth Group LLC Co. acquired a new stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 31,642 shares of the company’s stock, valued at approximately $2,072,000.

A number of other hedge funds have also recently modified their holdings of JHMM. JPMorgan Chase & Co. increased its position in shares of John Hancock Multifactor Mid Cap ETF by 16.9% in the second quarter. JPMorgan Chase & Co. now owns 52,814 shares of the company’s stock valued at $3,229,000 after acquiring an additional 7,635 shares during the period. NewEdge Advisors LLC increased its position in shares of John Hancock Multifactor Mid Cap ETF by 99.7% in the second quarter. NewEdge Advisors LLC now owns 136,398 shares of the company’s stock valued at $8,338,000 after acquiring an additional 68,085 shares during the period. Betterment LLC increased its position in shares of John Hancock Multifactor Mid Cap ETF by 1.0% in the second quarter. Betterment LLC now owns 22,036 shares of the company’s stock valued at $1,347,000 after acquiring an additional 211 shares during the period. Raymond James Financial Inc. increased its position in shares of John Hancock Multifactor Mid Cap ETF by 22.0% in the second quarter. Raymond James Financial Inc. now owns 2,768,787 shares of the company’s stock valued at $169,256,000 after acquiring an additional 499,311 shares during the period. Finally, Graney & King LLC increased its position in shares of John Hancock Multifactor Mid Cap ETF by 9.4% in the second quarter. Graney & King LLC now owns 65,944 shares of the company’s stock valued at $4,031,000 after acquiring an additional 5,639 shares during the period.

John Hancock Multifactor Mid Cap ETF Trading Down 0.4%

JHMM stock opened at $71.97 on Wednesday. The firm’s 50-day moving average price is $69.38 and its two-hundred day moving average price is $67.89. John Hancock Multifactor Mid Cap ETF has a 12-month low of $57.90 and a 12-month high of $73.25. The stock has a market capitalization of $5.43 billion, a price-to-earnings ratio of 19.18 and a beta of 1.00.

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.