Nvest Wealth Strategies Inc. Has $31.74 Million Holdings in John Hancock Multifactor Mid Cap ETF $JHMM

Nvest Wealth Strategies Inc. increased its stake in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 1.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 423,460 shares of the company’s stock after buying an additional 6,865 shares during the quarter. John Hancock Multifactor Mid Cap ETF accounts for about 19.8% of Nvest Wealth Strategies Inc.’s investment portfolio, making the stock its largest holding. Nvest Wealth Strategies Inc.’s holdings in John Hancock Multifactor Mid Cap ETF were worth $31,743,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in JHMM. MCF Advisors LLC acquired a new position in John Hancock Multifactor Mid Cap ETF in the 4th quarter valued at $30,000. Hantz Financial Services Inc. acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 4th quarter worth $32,000. Elyxium Wealth LLC acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 4th quarter worth $34,000. Pittenger & Anderson Inc. acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF during the 1st quarter worth $34,000. Finally, Strive Financial Group LLC bought a new position in shares of John Hancock Multifactor Mid Cap ETF in the fourth quarter worth $36,000.

John Hancock Multifactor Mid Cap ETF Stock Up 0.3%

JHMM stock opened at $76.51 on Wednesday. The company has a market cap of $6.12 billion, a PE ratio of 19.18 and a beta of 0.99. The business has a 50-day simple moving average of $74.22 and a 200 day simple moving average of $71.53. John Hancock Multifactor Mid Cap ETF has a 52 week low of $61.84 and a 52 week high of $76.82.

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.