Baker Ellis Asset Management LLC Decreases Stock Holdings in John Hancock Multifactor Mid Cap ETF $JHMM

Baker Ellis Asset Management LLC lowered its position in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 3.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 197,530 shares of the company’s stock after selling 7,981 shares during the period. John Hancock Multifactor Mid Cap ETF makes up about 1.6% of Baker Ellis Asset Management LLC’s investment portfolio, making the stock its 17th largest position. Baker Ellis Asset Management LLC owned approximately 0.29% of John Hancock Multifactor Mid Cap ETF worth $12,778,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. grew its holdings in shares of John Hancock Multifactor Mid Cap ETF by 22.0% during the second quarter. Raymond James Financial Inc. now owns 2,768,787 shares of the company’s stock valued at $169,256,000 after purchasing an additional 499,311 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in John Hancock Multifactor Mid Cap ETF by 0.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,657,127 shares of the company’s stock worth $101,300,000 after buying an additional 7,606 shares during the period. Bank of America Corp DE boosted its position in shares of John Hancock Multifactor Mid Cap ETF by 2.7% in the second quarter. Bank of America Corp DE now owns 938,551 shares of the company’s stock worth $57,374,000 after buying an additional 25,101 shares during the period. Gilbert & Cook Inc. increased its stake in John Hancock Multifactor Mid Cap ETF by 7.9% in the 2nd quarter. Gilbert & Cook Inc. now owns 927,280 shares of the company’s stock valued at $56,685,000 after buying an additional 67,613 shares during the period. Finally, Financial Management Professionals Inc. raised its holdings in shares of John Hancock Multifactor Mid Cap ETF by 2.4% during the third quarter. Financial Management Professionals Inc. now owns 891,463 shares of the company’s stock worth $57,669,000 after acquiring an additional 21,162 shares in the last quarter.

John Hancock Multifactor Mid Cap ETF Stock Up 0.6%

JHMM stock opened at $67.63 on Friday. The company has a market capitalization of $4.73 billion, a price-to-earnings ratio of 19.18 and a beta of 1.04. John Hancock Multifactor Mid Cap ETF has a 12 month low of $49.29 and a 12 month high of $68.08. The firm has a 50 day moving average of $65.45 and a two-hundred day moving average of $64.09.

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.