John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Hits New 12-Month High – What’s Next?

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) hit a new 52-week high during trading on Friday . The company traded as high as $63.93 and last traded at $63.82, with a volume of 28276 shares changing hands. The stock had previously closed at $63.40.

John Hancock Multifactor Mid Cap ETF Trading Up 0.8 %

The stock has a market capitalization of $4.28 billion, a price-to-earnings ratio of 17.17 and a beta of 1.02. The company has a fifty day moving average of $60.68 and a two-hundred day moving average of $57.77.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. ORG Partners LLC acquired a new position in shares of John Hancock Multifactor Mid Cap ETF during the 2nd quarter worth about $46,000. Ashton Thomas Private Wealth LLC bought a new position in John Hancock Multifactor Mid Cap ETF during the second quarter worth $50,000. Huntington National Bank increased its position in John Hancock Multifactor Mid Cap ETF by 154.1% during the third quarter. Huntington National Bank now owns 986 shares of the company’s stock worth $59,000 after acquiring an additional 598 shares during the period. Bank & Trust Co acquired a new position in John Hancock Multifactor Mid Cap ETF during the 2nd quarter valued at $65,000. Finally, SJS Investment Consulting Inc. acquired a new stake in John Hancock Multifactor Mid Cap ETF in the 2nd quarter worth $86,000.

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.