John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM – Get Free Report) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 120,998 shares, an increase of 75.3% from the September 30th total of 69,023 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 249,035 shares, the short-interest ratio is currently 0.5 days.
John Hancock Multifactor Mid Cap ETF Price Performance
JHMM opened at $73.91 on Tuesday. The company has a market capitalization of $6.06 billion, a price-to-earnings ratio of 19.18 and a beta of 0.99. The business’s 50-day moving average price is $73.38 and its two-hundred day moving average price is $72.12. John Hancock Multifactor Mid Cap ETF has a 1 year low of $61.95 and a 1 year high of $77.45.
Institutional Investors Weigh In On John Hancock Multifactor Mid Cap ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of JHMM. Kestra Advisory Services LLC raised its stake in John Hancock Multifactor Mid Cap ETF by 17.3% in the third quarter. Kestra Advisory Services LLC now owns 153,446 shares of the company’s stock valued at $10,971,000 after buying an additional 22,579 shares during the period. Commonwealth Equity Services LLC acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF in the third quarter valued at approximately $132,080,000. MFG Investments LLC acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF in the third quarter valued at approximately $208,000. Frederick Financial Consultants LLC boosted its stake in shares of John Hancock Multifactor Mid Cap ETF by 2.8% during the 3rd quarter. Frederick Financial Consultants LLC now owns 65,159 shares of the company’s stock worth $4,659,000 after acquiring an additional 1,804 shares during the period. Finally, DORVAL Corp boosted its stake in shares of John Hancock Multifactor Mid Cap ETF by 7.1% during the 3rd quarter. DORVAL Corp now owns 54,179 shares of the company’s stock worth $3,874,000 after acquiring an additional 3,569 shares during the period.
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.
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