Quad Cities Investment Group LLC grew its position in John Hancock Preferred Income ETF (NYSEARCA:JHPI – Free Report) by 13.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,551 shares of the company’s stock after purchasing an additional 1,714 shares during the quarter. Quad Cities Investment Group LLC owned approximately 1.12% of John Hancock Preferred Income ETF worth $316,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Osaic Holdings Inc. raised its stake in John Hancock Preferred Income ETF by 27.4% during the 2nd quarter. Osaic Holdings Inc. now owns 9,297 shares of the company’s stock worth $195,000 after acquiring an additional 1,997 shares in the last quarter. CreativeOne Wealth LLC purchased a new position in John Hancock Preferred Income ETF during the 4th quarter worth $216,000. Jane Street Group LLC purchased a new position in John Hancock Preferred Income ETF during the 1st quarter worth $225,000. Commonwealth Equity Services LLC purchased a new position in John Hancock Preferred Income ETF during the 3rd quarter worth $248,000. Finally, 1620 Investment Advisors Inc. grew its position in 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
Shares of John Hancock Preferred Income ETF stock opened at $22.37 on Tuesday. The company’s fifty day moving average is $22.07 and its two-hundred day moving average is $21.32. John Hancock Preferred Income ETF has a 1 year low of $19.86 and a 1 year high of $22.41.
About John Hancock Preferred Income ETF
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.
Featured Stories
- Five stocks we like better than John Hancock Preferred Income ETF
- What is the Dogs of the Dow Strategy? Overview and Examples
- SoFi Presents Another Entry Opportunity for Investors
- How to Use High Beta Stocks to Maximize Your Investing Profits
- This Sector Ready to Outshine Key Rival, Says New Report
- Compound Interest and Why It Matters When Investing
- Archer-Daniels Midland Stock is Rock Steady, but is it a Buy?
Receive News & Ratings for John Hancock Preferred Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Hancock Preferred Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
