JHMM Stock Summary and Trading Ideas (John Hancock Multifactor Mid Cap ETF | ARCA:JHMM)

John Hancock Multifactor Mid Cap ETF seek to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Mid Cap Index (the Index). The benchmark index is represented by the John Hancock Dimensional Mid Cap Index, a rules-based index of mid-cap U.S. stocks that have been selected based on sources of expected returns. Securities eligible for inclusion in the index are classified according to their market capitalization, relative price, and profitability, and are weighted accordingly in favor of smaller, less expensive, more profitable companies. The index is reconstituted and rebalanced on a semiannual basis. Index performance assumes reinvestment of dividends and does not reflect the management fees, operating expenses, transaction costs, and other expenses that apply to an ETF.

John Hancock Multifactor Mid Cap ETF trades on the ARCA stock market under the symbol JHMM.

As of March 3, 2025, JHMM stock price declined to $59.20 with 294,005 million shares trading.

JHMM has a beta of 0.95, meaning it tends to be less sensitive to market movements. JHMM has a correlation of 0.66 to the broad based SPY ETF.

JHMM has a market cap of $4.00 billion. This is considered a Mid Cap stock.

In the last 3 years, JHMM traded as high as $65.18 and as low as $41.96.

JHMM has underperformed the market in the last year with a price return of +10.1% while the SPY ETF gained +16.7%. JHMM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -7.8% and -4.3%, respectively, while the SPY returned -2.2% and -4.3%, respectively.

JHMM support price is $59.62 and resistance is $60.84 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JHMM shares will trade within this expected range on the day.