Royal Bank of Canada Has $88.02 Million Holdings in John Hancock Multifactor Mid Cap ETF $JHMM

Royal Bank of Canada lowered its position in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 7.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,311,410 shares of the company’s stock after selling 98,885 shares during the quarter. Royal Bank of Canada owned approximately 1.74% of John Hancock Multifactor Mid Cap ETF worth $88,022,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Empowered Funds LLC increased its holdings in shares of John Hancock Multifactor Mid Cap ETF by 1.3% in the first quarter. Empowered Funds LLC now owns 29,269 shares of the company’s stock worth $1,965,000 after acquiring an additional 384 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of John Hancock Multifactor Mid Cap ETF during the first quarter worth approximately $268,000. Dickmeyer Boyce Financial Management Inc. bought a new position in John Hancock Multifactor Mid Cap ETF during the 1st quarter worth $1,119,000. Signature Equity Partners LLC increased its position in John Hancock Multifactor Mid Cap ETF by 2.7% during the first quarter. Signature Equity Partners LLC now owns 26,895 shares of the company’s stock worth $1,805,000 after acquiring an additional 697 shares during the period. Finally, Assetmark Inc. boosted its holdings in John Hancock Multifactor Mid Cap ETF by 9.3% in the 1st quarter. Assetmark Inc. now owns 6,034 shares of the company’s stock valued at $405,000 after purchasing an additional 513 shares during the period.

John Hancock Multifactor Mid Cap ETF Price Performance

Shares of NYSEARCA JHMM opened at $74.06 on Friday. The business has a fifty day moving average price of $73.83 and a two-hundred day moving average price of $71.15. John Hancock Multifactor Mid Cap ETF has a fifty-two week low of $60.66 and a fifty-two week high of $75.48. The stock has a market capitalization of $5.93 billion, a PE ratio of 19.18 and a beta of 0.98.

John Hancock Multifactor Mid Cap ETF 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.