Convergence Financial LLC Takes Position in John Hancock Multifactor Mid Cap ETF $JHMM

Convergence Financial LLC acquired a new position in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 21,013 shares of the company’s stock, valued at approximately $1,359,000.

Several other large investors have also bought and sold shares of the company. CW Advisors LLC increased its holdings in shares of John Hancock Multifactor Mid Cap ETF by 113.6% in the second quarter. CW Advisors LLC now owns 15,971 shares of the company’s stock valued at $976,000 after buying an additional 8,493 shares in the last quarter. Hixon Zuercher LLC grew its holdings in shares of John Hancock Multifactor Mid Cap ETF by 7.7% in the 3rd quarter. Hixon Zuercher LLC now owns 144,459 shares of the company’s stock worth $9,345,000 after acquiring an additional 10,374 shares during the last quarter. Cerity Partners LLC raised its position in shares of John Hancock Multifactor Mid Cap ETF by 2,155.3% during the second quarter. Cerity Partners LLC now owns 155,503 shares of the company’s stock worth $9,506,000 after purchasing an additional 148,608 shares during the period. PFG Advisors raised its position in shares of John Hancock Multifactor Mid Cap ETF by 10.9% during the second quarter. PFG Advisors now owns 82,217 shares of the company’s stock worth $5,026,000 after purchasing an additional 8,102 shares during the period. Finally, Financial Management Professionals Inc. lifted 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 valued at $57,669,000 after purchasing an additional 21,162 shares during the last quarter.

John Hancock Multifactor Mid Cap ETF Trading Up 0.6%

Shares of JHMM opened at $71.39 on Friday. The business’s 50-day moving average price is $68.40 and its 200 day moving average price is $65.72. The stock has a market capitalization of $5.07 billion, a P/E ratio of 19.18 and a beta of 1.04. John Hancock Multifactor Mid Cap ETF has a 1-year low of $49.29 and a 1-year high of $71.72.

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.