Avaii Wealth Management LLC Grows Stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Avaii Wealth Management LLC boosted its position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 13.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,129 shares of the company’s stock after purchasing an additional 2,458 shares during the period. John Hancock Multifactor Mid Cap ETF comprises 0.7% of Avaii Wealth Management LLC’s investment portfolio, making the stock its 24th biggest position. Avaii Wealth Management LLC’s holdings in John Hancock Multifactor Mid Cap ETF were worth $1,113,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Magnus Financial Group LLC grew its holdings in John Hancock Multifactor Mid Cap ETF by 2.5% during the 4th quarter. Magnus Financial Group LLC now owns 24,053 shares of the company’s stock valued at $1,267,000 after buying an additional 580 shares during the last quarter. Valmark Advisers Inc. boosted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 2.4% during the fourth quarter. Valmark Advisers Inc. now owns 39,458 shares of the company’s stock worth $2,078,000 after purchasing an additional 919 shares during the last quarter. Atria Wealth Solutions Inc. boosted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 19.0% during the fourth quarter. Atria Wealth Solutions Inc. now owns 90,717 shares of the company’s stock worth $4,777,000 after purchasing an additional 14,469 shares during the last quarter. CWM LLC boosted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 8.8% during the fourth quarter. CWM LLC now owns 3,041 shares of the company’s stock worth $160,000 after purchasing an additional 245 shares during the last quarter. Finally, Wetzel Investment Advisors Inc. acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF during the fourth quarter worth $68,000.

John Hancock Multifactor Mid Cap ETF Stock Performance

Shares of JHMM traded up $0.41 during trading hours on Monday, hitting $55.11. The stock had a trading volume of 42,391 shares, compared to its average volume of 227,775. The firm has a market cap of $3.69 billion, a P/E ratio of 16.73 and a beta of 1.02. The company’s fifty day simple moving average is $55.29 and its 200 day simple moving average is $51.85. John Hancock Multifactor Mid Cap ETF has a 12-month low of $44.07 and a 12-month high of $57.54.

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.