Cambridge Investment Research Advisors Inc. Reduces Stock Position in John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC)

Cambridge Investment Research Advisors Inc. cut its stake in John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) by 25.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,375 shares of the company’s stock after selling 2,828 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.06% of John Hancock Multifactor Small Cap ETF worth $312,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in JHSC. Raymond James Financial Inc. purchased a new position in John Hancock Multifactor Small Cap ETF in the fourth quarter valued at about $278,000. Avantax Advisory Services Inc. increased its holdings in John Hancock Multifactor Small Cap ETF by 6.7% in the fourth quarter. Avantax Advisory Services Inc. now owns 13,267 shares of the company’s stock valued at $527,000 after buying an additional 833 shares in the last quarter. Stifel Financial Corp increased its holdings in John Hancock Multifactor Small Cap ETF by 2.9% in the fourth quarter. Stifel Financial Corp now owns 57,959 shares of the company’s stock valued at $2,303,000 after buying an additional 1,638 shares in the last quarter. Empire Financial Management Company LLC increased its holdings in John Hancock Multifactor Small Cap ETF by 1.0% in the fourth quarter. Empire Financial Management Company LLC now owns 91,465 shares of the company’s stock valued at $3,635,000 after buying an additional 864 shares in the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. purchased a new position in John Hancock Multifactor Small Cap ETF in the fourth quarter valued at about $43,000.

John Hancock Multifactor Small Cap ETF Price Performance

Shares of JHSC opened at $40.07 on Friday. The stock has a market cap of $554.97 million, a price-to-earnings ratio of 15.76 and a beta of 1.12. The firm has a 50 day simple moving average of $38.43 and a 200-day simple moving average of $38.42. John Hancock Multifactor Small Cap ETF has a 1-year low of $31.96 and a 1-year high of $44.10.

John Hancock Multifactor Small Cap ETF Company Profile

The John Hancock Multifactor Small Cap ETF (JHSC) is an exchange-traded fund that is based on the John Hancock Dimensional Small Cap index. The fund tracks an index of US small-cap stocks selected by relative price and profitability. Securities are weighted by multiple factors relative to their sector peers.