Marathon Asset Management LP Makes New Investment in John Hancock High Yield ETF (NYSEARCA:JHHY)

Marathon Asset Management LP purchased a new stake in John Hancock High Yield ETF (NYSEARCA:JHHY) in the second quarter, HoldingsChannel reports. The firm purchased 125,000 shares of the company’s stock, valued at approximately $3,151,000. John Hancock High Yield ETF makes up approximately 2.9% of Marathon Asset Management LP’s holdings, making the stock its 3rd largest position. Marathon Asset Management LP owned approximately 0.10% of John Hancock High Yield ETF at the end of the most recent reporting period.

John Hancock High Yield ETF Stock Performance

JHHY stock opened at $26.08 on Friday. The firm has a 50-day moving average price of $25.86. John Hancock High Yield ETF has a 12 month low of $25.04 and a 12 month high of $26.30.

About John Hancock High Yield ETF

The John Hancock High Yield ETF (JHHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a diversified portfolio of US dollar-denominated high-yield corporate bonds. The fund aims to maximize income with capital growth as a secondary objective JHHY was launched on May 1, 2024 and is issued by John Hancock.