John Hancock Preferred Income ETF (NYSEARCA:JHPI) Holdings Reduced by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company trimmed its position in John Hancock Preferred Income ETF (NYSEARCA:JHPI) by 9.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 640,089 shares of the company’s stock after selling 70,020 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.37% of John Hancock Preferred Income ETF worth $14,876,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JHPI. CWM LLC acquired a new stake in John Hancock Preferred Income ETF during the second quarter valued at approximately $79,000. Farther Finance Advisors LLC purchased a new position in John Hancock Preferred Income ETF during the 3rd quarter valued at about $114,000. Capital Advisors Ltd. LLC lifted its position in shares of John Hancock Preferred Income ETF by 89.1% in the second quarter. Capital Advisors Ltd. LLC now owns 5,307 shares of the company’s stock worth $119,000 after purchasing an additional 2,500 shares in the last quarter. Quad Cities Investment Group LLC lifted its position in shares of John Hancock Preferred Income ETF by 5.9% in the second quarter. Quad Cities Investment Group LLC now owns 17,161 shares of the company’s stock worth $384,000 after purchasing an additional 961 shares in the last quarter. Finally, Beacon Financial Advisory LLC acquired a new stake in shares of John Hancock Preferred Income ETF during the 2nd quarter valued at $766,000.

John Hancock Preferred Income ETF Price Performance

Shares of NYSEARCA JHPI opened at $23.11 on Monday. The business has a 50 day simple moving average of $23.17 and a 200 day simple moving average of $22.79. John Hancock Preferred Income ETF has a 52 week low of $21.08 and a 52 week high of $23.49.

John Hancock Preferred Income ETF Profile

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.