Robbins Farley Increases Stock Holdings in John Hancock Preferred Income ETF (NYSEARCA:JHPI)

Robbins Farley increased its stake in shares of John Hancock Preferred Income ETF (NYSEARCA:JHPIFree Report) by 3.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 117,380 shares of the company’s stock after acquiring an additional 3,760 shares during the period. Robbins Farley owned approximately 6.71% of John Hancock Preferred Income ETF worth $2,644,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Farther Finance Advisors LLC purchased a new stake in shares of John Hancock Preferred Income ETF during the third quarter worth about $114,000. CWM LLC increased its holdings in John Hancock Preferred Income ETF by 43.0% during the 3rd quarter. CWM LLC now owns 5,066 shares of the company’s stock worth $118,000 after purchasing an additional 1,523 shares during the last quarter. Empire Financial Management Company LLC raised its position in shares of 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 valued at $222,000 after purchasing an additional 500 shares in the last quarter. Quad Cities Investment Group LLC boosted its stake in shares of 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 during the last quarter. Finally, Beacon Financial Advisory LLC boosted its stake in shares of John Hancock Preferred Income ETF by 1.7% during the 3rd quarter. Beacon Financial Advisory LLC now owns 34,844 shares of the company’s stock valued at $810,000 after buying an additional 594 shares during the last quarter.

John Hancock Preferred Income ETF Stock Performance

Shares of NYSEARCA:JHPI opened at $22.64 on Tuesday. The company has a fifty day simple moving average of $22.78 and a 200 day simple moving average of $22.90. John Hancock Preferred Income ETF has a 12-month low of $21.77 and a 12-month high of $23.49.

John Hancock Preferred Income ETF Company 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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