Sanctuary Advisors LLC Raises Stake in John Hancock Preferred Income ETF (NYSEARCA:JHPI)

Sanctuary Advisors LLC boosted its stake in John Hancock Preferred Income ETF (NYSEARCA:JHPI) by 7.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 95,675 shares of the company’s stock after purchasing an additional 7,008 shares during the period. Sanctuary Advisors LLC owned approximately 0.05% of John Hancock Preferred Income ETF worth $2,210,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new position in John Hancock Preferred Income ETF during the third quarter worth about $114,000. CWM LLC lifted its position in shares of John Hancock Preferred Income ETF by 43.0% during the third quarter. CWM LLC now owns 5,066 shares of the company’s stock worth $118,000 after acquiring an additional 1,523 shares in the last quarter. Capital Advisors Ltd. LLC lifted its holdings in John Hancock Preferred Income ETF by 89.1% during the 2nd 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. Empire Financial Management Company LLC boosted its stake in John Hancock Preferred Income ETF by 5.5% in the 3rd quarter. Empire Financial Management Company LLC now owns 9,567 shares of the company’s stock worth $222,000 after purchasing an additional 500 shares during the period. Finally, Quad Cities Investment Group LLC grew its holdings in John Hancock Preferred Income ETF by 9.5% during the 3rd quarter. Quad Cities Investment Group LLC now owns 18,784 shares of the company’s stock valued at $437,000 after buying an additional 1,623 shares in the last quarter.

John Hancock Preferred Income ETF Trading Down 0.5 %

Shares of JHPI opened at $22.87 on Thursday. John Hancock Preferred Income ETF has a twelve month low of $21.57 and a twelve month high of $23.49. The business’s 50-day moving average price is $23.11 and its 200-day moving average price is $22.86.

John Hancock Preferred Income ETF Company 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.