John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Sees Large Volume Increase

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) shares saw strong trading volume on Friday . 53,354 shares changed hands during trading, a decline of 73% from the previous session’s volume of 198,499 shares.The stock last traded at $55.33 and had previously closed at $54.95.

John Hancock Multifactor Mid Cap ETF Stock Up 0.2 %

The stock’s 50-day moving average price is $55.41 and its 200 day moving average price is $54.38. The firm has a market cap of $3.69 billion, a price-to-earnings ratio of 17.17 and a beta of 1.02.

John Hancock Multifactor Mid Cap ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Stockholders of record on Wednesday, June 26th were given a dividend of $0.2381 per share. The ex-dividend date of this dividend was Wednesday, June 26th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Sanchez Wealth Management Group increased its stake in John Hancock Multifactor Mid Cap ETF by 12.0% in the fourth quarter. Sanchez Wealth Management Group now owns 170,694 shares of the company’s stock valued at $8,989,000 after acquiring an additional 18,356 shares during the period. Avaii Wealth Management LLC increased its stake in John Hancock Multifactor Mid Cap ETF by 13.2% in the fourth quarter. Avaii Wealth Management LLC now owns 21,129 shares of the company’s stock valued at $1,113,000 after acquiring an additional 2,458 shares during the period. Wetzel Investment Advisors Inc. bought a new stake in John Hancock Multifactor Mid Cap ETF in the fourth quarter valued at about $68,000. Creative Financial Designs Inc. ADV grew its stake in John Hancock Multifactor Mid Cap ETF by 5.0% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 39,087 shares of the company’s stock worth $2,058,000 after buying an additional 1,865 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in John Hancock Multifactor Mid Cap ETF by 4.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,528,971 shares of the company’s stock worth $80,516,000 after buying an additional 59,244 shares during the last quarter.

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.