Choice Wealth Advisors LLC Has $11.21 Million Holdings in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Choice Wealth Advisors LLC cut its holdings in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 1.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 195,435 shares of the company’s stock after selling 2,511 shares during the period. John Hancock Multifactor Mid Cap ETF makes up 6.8% of Choice Wealth Advisors LLC’s holdings, making the stock its 5th biggest holding. Choice Wealth Advisors LLC owned 0.29% of John Hancock Multifactor Mid Cap ETF worth $11,214,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Principal Securities Inc. bought a new stake in John Hancock Multifactor Mid Cap ETF in the 4th quarter worth about $44,000. Pinnacle Bancorp Inc. bought a new stake in John Hancock Multifactor Mid Cap ETF in the 1st quarter worth about $63,000. Wetzel Investment Advisors Inc. bought a new stake in John Hancock Multifactor Mid Cap ETF in the 4th quarter worth about $68,000. City Holding Co. bought a new stake in John Hancock Multifactor Mid Cap ETF in the 4th quarter worth about $104,000. Finally, Jones Financial Companies Lllp boosted its stake in John Hancock Multifactor Mid Cap ETF by 302.4% in the fourth quarter. Jones Financial Companies Lllp now owns 2,000 shares of the company’s stock valued at $105,000 after acquiring an additional 1,503 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Stock Performance

JHMM traded down $0.55 during midday trading on Monday, reaching $54.49. The company had a trading volume of 292,365 shares, compared to its average volume of 200,350. The stock has a market cap of $3.65 billion, a PE ratio of 17.17 and a beta of 1.02. John Hancock Multifactor Mid Cap ETF has a 12-month low of $44.07 and a 12-month high of $57.54. The business has a 50-day moving average price of $55.41 and a two-hundred day moving average price of $54.40.

John Hancock Multifactor Mid Cap ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, June 28th. Shareholders of record on Wednesday, June 26th were paid a $0.2381 dividend. The ex-dividend date of this dividend was Wednesday, June 26th.

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.