LPL Financial LLC Sells 361,890 Shares of John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC)

LPL Financial LLC trimmed its position in John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) by 45.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 426,268 shares of the company’s stock after selling 361,890 shares during the quarter. LPL Financial LLC owned 3.16% of John Hancock Multifactor Small Cap ETF worth $15,888,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its position in John Hancock Multifactor Small Cap ETF by 20.2% in the fourth quarter. Ameriprise Financial Inc. now owns 113,385 shares of the company’s stock valued at $4,506,000 after buying an additional 19,036 shares in the last quarter. Raymond James Financial Inc. bought a new stake in John Hancock Multifactor Small Cap ETF in the fourth quarter valued at $278,000. Avantax Advisory Services Inc. increased its stake in John Hancock Multifactor Small Cap ETF by 19.9% in the first quarter. Avantax Advisory Services Inc. now owns 15,901 shares of the company’s stock valued at $593,000 after purchasing an additional 2,634 shares in the last quarter. Simplicity Wealth LLC bought a new stake in shares of John Hancock Multifactor Small Cap ETF during the first quarter worth about $463,000. Finally, Marshall & Sterling Wealth Advisors Inc. bought a new stake in shares of John Hancock Multifactor Small Cap ETF during the fourth quarter worth about $43,000.

John Hancock Multifactor Small Cap ETF Stock Down 0.6%

JHSC opened at $39.51 on Thursday. The stock has a market cap of $545.24 million, a price-to-earnings ratio of 15.76 and a beta of 1.12. The company’s 50-day moving average price is $39.22 and its two-hundred day moving average price is $38.41. John Hancock Multifactor Small Cap ETF has a twelve month low of $31.96 and a twelve month high of $44.10.

About John Hancock Multifactor Small Cap ETF

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.