Cutter & CO Brokerage Inc. Makes New Investment in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Cutter & CO Brokerage Inc. acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,750 shares of the company’s stock, valued at approximately $215,000.

Several other large investors have also recently made changes to their positions in JHMM. Bank of Nova Scotia grew its holdings in shares of John Hancock Multifactor Mid Cap ETF by 2.1% in the third quarter. Bank of Nova Scotia now owns 32,340 shares of the company’s stock valued at $1,530,000 after purchasing an additional 675 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of John Hancock Multifactor Mid Cap ETF by 3.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,045,254 shares of the company’s stock worth $191,480,000 after buying an additional 151,397 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of John Hancock Multifactor Mid Cap ETF by 4.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 178,931 shares of the company’s stock valued at $8,467,000 after buying an additional 7,439 shares in the last quarter. Horizon Family Wealth Inc. bought a new position in shares of John Hancock Multifactor Mid Cap ETF in the 3rd quarter valued at about $242,000. Finally, TAP Consulting LLC purchased a new position in John Hancock Multifactor Mid Cap ETF in the third quarter worth about $247,000.

John Hancock Multifactor Mid Cap ETF Trading Down 0.6 %

NYSEARCA:JHMM traded down $0.31 during midday trading on Friday, hitting $54.49. 215,988 shares of the company traded hands, compared to its average volume of 200,409. The firm has a market capitalization of $3.65 billion, a P/E ratio of 17.17 and a beta of 1.02. The firm’s fifty day moving average is $55.43 and its 200-day moving average is $54.44. John Hancock Multifactor Mid Cap ETF has a 12-month low of $44.07 and a 12-month high of $57.54.

John Hancock Multifactor Mid Cap ETF Cuts Dividend

The company also recently disclosed 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.