Commonwealth Equity Services LLC Takes Position in John Hancock Preferred Income ETF (NYSEARCA:JHPI)

Commonwealth Equity Services LLC acquired a new position in shares of John Hancock Preferred Income ETF (NYSEARCA:JHPIFree Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,949 shares of the company’s stock, valued at approximately $248,000. Commonwealth Equity Services LLC owned 0.92% of John Hancock Preferred Income ETF at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of JHPI. Granite Bay Wealth Management LLC lifted its position in John Hancock Preferred Income ETF by 7,049.9% during the 3rd quarter. Granite Bay Wealth Management LLC now owns 20,630,725 shares of the company’s stock worth $434,961,000 after buying an additional 20,342,179 shares in the last quarter. Bank of America Corp DE raised its holdings in John Hancock Preferred Income ETF by 12.7% during the first quarter. Bank of America Corp DE now owns 119,102 shares of the company’s stock worth $2,512,000 after acquiring an additional 13,416 shares in the last quarter. Atria Investments Inc bought a new position in John Hancock Preferred Income ETF in the second quarter valued at approximately $1,784,000. 3EDGE Asset Management LP grew its stake in John Hancock Preferred Income ETF by 7.6% in the third quarter. 3EDGE Asset Management LP now owns 51,765 shares of the company’s stock valued at $1,074,000 after purchasing an additional 3,634 shares in the last quarter. Finally, 1620 Investment Advisors Inc. increased its position in shares of John Hancock Preferred Income ETF by 4.5% during the 2nd quarter. 1620 Investment Advisors Inc. now owns 42,109 shares of the company’s stock worth $883,000 after purchasing an additional 1,803 shares during the last quarter.

John Hancock Preferred Income ETF Price Performance

NYSEARCA JHPI opened at $22.10 on Thursday. John Hancock Preferred Income ETF has a 12 month low of $19.86 and a 12 month high of $23.40. The stock has a 50 day moving average of $21.63 and a 200-day moving average of $21.09.

John Hancock Preferred Income ETF Profile

(Free Report)

The John Hancock Preferred Income ETF (JHPI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that attempts to generate income by primarily investing in preferred securities in the US market. JHPI was launched on Dec 14, 2021 and is managed by John Hancock.

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Institutional Ownership by Quarter for John Hancock Preferred Income ETF (NYSEARCA:JHPI)

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