Concurrent Investment Advisors LLC Purchases New Stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM)

Concurrent Investment Advisors LLC purchased a new stake in John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) in the 4th quarter, HoldingsChannel reports. The fund purchased 22,178 shares of the company’s stock, valued at approximately $1,325,000.

Other hedge funds have also bought and sold shares of the company. GHP Investment Advisors Inc. acquired a new stake in John Hancock Multifactor Mid Cap ETF in the 4th quarter valued at $30,000. Huntington National Bank grew its position in John Hancock Multifactor Mid Cap ETF by 154.1% in the 3rd quarter. Huntington National Bank now owns 986 shares of the company’s stock valued at $59,000 after purchasing an additional 598 shares during the period. AlphaMark Advisors LLC acquired a new stake in John Hancock Multifactor Mid Cap ETF in the 4th quarter valued at $62,000. Comprehensive Financial Planning Inc. PA acquired a new stake in John Hancock Multifactor Mid Cap ETF in the 4th quarter valued at $87,000. Finally, Cassady Schiller Wealth Management LLC acquired a new stake in John Hancock Multifactor Mid Cap ETF in the 3rd quarter valued at $128,000.

John Hancock Multifactor Mid Cap ETF Trading Down 2.2 %

NYSEARCA JHMM opened at $60.35 on Friday. The company has a fifty day simple moving average of $61.39 and a 200 day simple moving average of $60.61. John Hancock Multifactor Mid Cap ETF has a 12-month low of $53.30 and a 12-month high of $65.18. The company has a market cap of $4.10 billion, a P/E ratio of 20.55 and a beta of 1.10.

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.